IT
Infosys gets relief as DGGI closes Rs 32,403 crore GST notice
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Infosys, India’s second-largest IT services firm, has received a closure in the goods and services tax (GST) demand notice for over Rs 30,000 crore.
Infosys said it had received communication from the Directorate General of GST Intelligence (DGGI) ‘closing’ the pre-show cause notice proceedings for the financial years 2018–19 to 2021–22.
“With the receipt of today’s communication from DGGI, this matter stands closed, the Bengaluru IT major said in a regulatory filing late evening on Friday.
The closure report comes after the Karnataka State…
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