Infosys mulls contesting Rs 32,403-crore GST notice

Infosys is considering contesting a Rs 32,403 crore notice for unpaid Integrated Goods and Services Tax (IGST) under the reverse charge mechanism. The issue is related to services claimed to have been received from overseas branches, according to people familiar with the matter. Infosys received a pre-showcause notice from the Bengaluru branch of Directorate General of GST Intelligence (DGGI) and has not yet responded to this latest notice.