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Infosys Faces Massive GST Notice for Alleged Tax Evasion

01 Aug, 2024

Infosys has received a GST notice for allegedly evading Rs 32,403 crore in taxes. The claim covers the period from July 2017 to March 2022, focusing on the non-payment of Integrated Goods and Services Tax (IGST) on imported services.

This notice comes as part of an ongoing scrutiny of compliance with tax laws. Infosys has yet to issue a statement regarding the notice. The outcome of this case could have significant implications for the company's financial and operational landscape.

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