Infosys GST notice: No pending dues, DGGI closes Rs 3,898 crore proceedings against IT firm

Infosys on Saturday announced that the Directorate General of Goods and Services Tax Intelligence (DGGI) is closing the pre-show cause notice proceedings for the financial year 2017-2018, which was valued at Rs 3,898 crore. Earlier, on July 31, the DGGI had issued a demand for alleged tax evasion exceeding Rs 32,000 crore. “The Company has now received a communication from DGGI closing the p…