Centre likely to accept Infosys’ plea on GST notice

The central government is likely to accept Infosys’ plea that GST does not apply to services availed from its offshore branch offices, after the Bengaluru office of DGGI issued a pre-show cause notice for ₹32,403.46 crore in IGST. The Karnataka State GST authorities have withdrawn the notice, and the taxpayer’s plea in light of the CBIC circular on import of services by a related person will likely be accepted. The government is actively discussing the Infosys tax matter for an early resolution, as India signals its seriousness about attracting investments.

Source A2ztaxcorp

---

---