20.6 C
Delhi
Thursday, July 10, 2025

Karnataka govt withdraws GST notice on Infosys

Date:

Share post:

Donate-GC-Razorpay

New Delhi: A Day after Infosys denied evading any payment of GST, the Karnataka government has withdrawn the “pre-show cause” notice against the IT firm but directed the company to submit its response to central authorities.

“The Company has received a communication from Karnataka State authorities withdrawing the pre-show cause notice and has directed the Company to submit further responses to DGGI central authority on this matter,” Infosys said in a regulatory filing with the stock exchanges.

Infosys had strongly denied evasion of any payment of GST, saying the company has paid all its GST dues and is “fully in compliance” with the central and state regulations on this matter.

Infosys had said that it is important to note that the GST payments are eligible for credit or refund against the export of IT services and not on expenses incurred by overseas branch offices of Infosys Limited.

Karnataka State GST authorities had issued a pre-show cause notice for payment of GST of Rs. 32,403 crores for the period July 2017 to March 2022 towards the expenses incurred by overseas branch offices of Infosys Limited.

The company has also received a pre-show cause notice from the Director General of GST Intelligence on the same matter, and the company is in the process of responding to it.

Related articles

SSI MantraM “Made in India” Surgical Robot Yatra Kicks Off India Tour, First Leg to Cover 1500 km Across Rajasthan

 ● In the first phase of the roadshow, SSI MantraM will cover key medical institutions across Jaipur, Jodhpur,...

Rhythms of Partnership: PM Narendra Modi’s Transformative Sojourn in Brazil

A Samba-Reggae DawnThe July sun had barely begun to gild Rio de Janeiro’s Sugarloaf when the tricolour...

President Trump Used Elon Musk to Win — Now He’ll Dump Him

 In the ruthless world of politics, loyalty is currency until power is secured — then it’s liability. No...

Are Minorities in Danger in India?

Let’s not beat around the bush.The claim that “minorities are in danger in India” has been repeated so...