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The closure is significant as it changes the way GST authorities will examine the transactions of software companies.
In a major regulatory relief, Infosys Ltd announced on Friday that the Directorate General of GST Intelligence (DGGI) has ...
These proceedings, which spanned the financial years 2018-19 to 2021-22, involved a GST amount of Rs 32,403 crore.
Infosys has received closure from the DGGI on a GST demand notice of over Rs 30,000 crore, related to reverse-charge payments ...
Infosys receives communication from DGGI closing GST proceedings, amounting to ₹32,403 crore, for financial years 2018-19 to 2021-22.
Illustration: Dado Ruvic/Reuters With the receipt of the communication from DGGI, "this matter stands closed", India's second ...
The conclave will bring together senior tax heads from across the country and is aimed at assessing policy execution, revenue ...
Finance Minister Nirmala Sitharaman is set to meet top tax officials to address delays in income tax, GST, and export-related ...
Delhi High Court rules DGGI's tax and penalty communication on seized areca nuts is not a final order, directing a formal ...
IATA Director General Willie Walsh calls on India to provide clarity on tax laws affecting foreign carriers and highlights concerns over airport charges to unlock aviation sector potential ...
The demand was initially linked to alleged non-payment of Integrated GST (IGST) under the reverse charge mechanism for services procured from overseas branches.
Infosys said it has received official communication from the GST intelligence authority closing pre-show cause proceedings ...