- Infosys is under scrutiny by DGGI for allegedly evading over RS 32,400 crore in GST from July 2017 to March 2022
- DGGI argues that Infosys should have paid Integrated GST under the reverse charge mechanism for services imported from overseas branches
- Infosys contests the allegations, citing compliance with regulations and recent guidelines
- DGGI claims that Infosys services clients from India and overseas, with branches providing various services outside India
- Infosys states that it has paid all GST dues and is fully compliant with regulations
Source: timesofindia.indiatimes.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "India"
- CBIC Clarifies GST Implications on Secondary or Post-Sale Discounts for Businesses
- India Slashes GST on Drones to 5%, Boosting Domestic Manufacturing and Sectoral Growth
- GST Reforms 2025: Boosting Textiles, Apparel Affordability, and Logistics Efficiency in India
- GST Credit Notes: Use Original Invoice Rate for Returned Goods, Not Revised Rate
- India Cuts GST on Renewable Energy to 5%, Boosting Solar Affordability and Green Jobs