Infosys: GST Intelligence alleges Rs 32,000 Crore tax evasion – What’s at Stake?

IT services company Infosys has received a pre-show cause notice for alleged evasion of goods and services tax (GST) amounting to ₹32,403 crore. In a recent BSE filing, Bengaluru-based Infosys revealed that Karnataka GST authorities have issued a pre-show cause notice demanding ₹32,403 crore in GST for the period from July 2017 to March 2022. This notice relates to expenses claimed by Infosys&rsqu…