{"id":840168,"date":"2024-08-02T10:18:41","date_gmt":"2024-08-02T04:48:41","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=840168"},"modified":"2024-08-02T10:18:41","modified_gmt":"2024-08-02T04:48:41","slug":"karnataka-withdraws-pre-show-cause-igst-notice-to-infosys","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/02\/karnataka-withdraws-pre-show-cause-igst-notice-to-infosys\/","title":{"rendered":"Karnataka withdraws pre-show cause IGST notice to Infosys"},"content":{"rendered":"<p>The Karnataka government has withdrawn the Rs 32,000 crore tax notice to Infosys, but the story that has sparked a hue and cry is far from over.<\/p>\n<p>A day after Infosys acknowledged the receipt of a notice for alleged evasion of over Rs 32,000 crore ($3.8 billion) in integrated goods and services tax (IGST), the IT major in a late evening exchange filing on Thursday said, \u201cThe Company has received a communication from Karnataka State authorities, withdrawing the pre-show cause notice and has directed the Company to submit further response to DGGI central authority on this matter.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Karnataka government has withdrawn the Rs 32,000 crore tax notice to Infosys, but the story that has sparked a hue and cry is far from over. A day after Infosys acknowledged the receipt of a notice for alleged evasion of over Rs 32,000 crore ($3.8 billion) in integrated goods and services tax (IGST), the IT major in a late evening exchange filing on Thursday said, \u201cThe Company has received a communication from Karnataka State authorities, withdrawing the pre-show cause notice and has directed the Company to submit further response to DGGI central authority on this matter.\u201d<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-840168","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/840168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=840168"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/840168\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=840168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=840168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=840168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}