Infosys gets huge relief on GST as DGGI closes ₹32,400-crore pre-show cause notice
The Hindu
Infosys relieved as ₹32,403 crore GST notice closed, ending year-long saga, exceeding annual profits, significant relief for tech major.
In a major relief for Infosys, the Director General of GST Intelligence has closed pre-show cause notice proceedings against the company for financial years 2018-19 to 2021-22 involving a staggering ₹32,403 crore in GST dues.
The latest move effectively ends nearly a year-long GST saga for India's second-largest IT services firm.
Mid-last year, the goods and services tax (GST) authorities had slapped ₹32,403 crore notice on Infosys for services availed by the company from its overseas branches for five years starting 2017.
The GST demand, in fact, exceeds Infosys’s annual profits — Infosys’s net profit for full FY25 stood at ₹26,713 crore — and its closure now is bound to come as a significant relief for the tech major.
Also Read | After ₹32,000 crore demand to Infosys, government said to mull GST notices to other IT majors
The Bengaluru-headquartered company, in a BSE filing, said with the receipt of the latest communication from DGGI "this matter stands closed".
“In continuation to our earlier communications on July 31, 2024, August 1, 2024 and August 3,2024 on GST, this is to inform that the company has today received a communication from the Director General of GST Intelligence (DGGI) closing the pre-show cause notice proceedings for the financial years 2018-19 to 2021-22,” the company said in the filing late Friday (June 6, 2025) evening.
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