Quick Summary
The Directorate General of GST Intelligence (DGGI) has issued a show cause notice to Infosys Ltd over alleged ineligible refund claims amounting to Rs 414.88 crore under the GST framework. The notice pertains to ITC refunds claimed by the company on service exports between 2018-19 and 2023-24. Acco
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
Buy CCI PRO Now
Already a PRO member? Login here for an ad-free experience.
FAQ :
Infosys is facing allegations concerning ineligible GST refund claims amounting to Rs 414.88 crore.
The Directorate General of GST Intelligence (DGGI) issued the show cause notice to Infosys.
The investigation covers input tax credit (ITC) refunds claimed on service exports between the financial years 2018-19 and 2023-24.
The DGGI alleges that Infosys may have included services performed by its overseas offices and external contractors within its zero-rated export turnover from India, which could have inflated refund claims.
Offshore services are tasks executed at Infosys's Indian development centres, while Onsite services are those performed at client sites abroad.
As per the article, Infosys had not yet issued an official statement regarding the notice at the time of reporting.
CAclubindia
