Infosys

Karnataka Tax Authorities withdraw GST notice issued to Infosys, NASSCOM comes in Support of Infosys

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Karnataka Tax Authorities withdraw GST notice issued to Infosys

The Karnataka state tax authorities have withdrawn the pre-show cause notice previously issued to Infosys regarding an alleged ₹32,403 crore GST evasion. NASSCOM comes in support of Infosys, says authorities lack understanding.  The notice, which was sent on July 31st, claimed that Infosys had failed to pay Integrated Goods and Services Tax (IGST) on services Read more: Karnataka Tax Authorities withdraw GST notice issued to Infosys, NASSCOM comes in Support of Infosys..

Infosys Share down over the DGGI alleging GST evasion of over Rs 32,000 crore

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Infosys Share down over the DGGI alleging GST evasion of over Rs 32,000 crore

Infosys shares fell on August 1, 2024, after the company received a notice from the Directorate General of GST Intelligence (DGGI) alleging GST evasion of over Rs 32,000 crore. The notice pertains to expenses incurred by Infosys’ overseas branches and claims that the company is liable to pay Integrated Goods and Services Tax (IGST) under Read more: Infosys Share down over the DGGI alleging GST evasion of over Rs 32,000 crore..