DGGI ends FY18 GST proceedings against Infosys

Infosys said late Saturday that the Directorate General of Goods and Services Tax Intelligence (DGGI) had ended “the pre-show cause notice proceedings for the financial year 2017-2018,” adding that “the GST amount as per the pre-show cause notice for this period was Rs 3,898 crore”.

The development comes three days after Infosys acknowledged receipt of a notice for alleged evasion of over Rs 32,000 crore ($3.8 billion) in integrated goods and services tax (IGST) between July 2017, when the levy was rolled out, and FY22. On Friday, Karnataka withdrew the pre-show cause notice it had sent to the company on the matter and asked Infosys to submit further responses on the demand to DGGI.