Infosys reported on Thursday that Karnataka state authorities have withdrawn the Rs 32,403 crore GST demand ‘pre-show cause’ notice and directed it to respond further to the Directorate General of GST Intelligence (DGGI). This notice, related to services from Infosys’s overseas branches for July 2017 to March 2022, was received on Wednesday. Infosys maintains that GST is not applicable on these expenses and has paid all GST dues, fully complying with regulations. Nasscom criticized the tax demand, highlighting a lack of understanding of the industry’s operating model and potential negative impacts on India’s business environment.
Infosys GST Demand Withdrawn by Karnataka Authorities
