Infosys GST demand notices: Relief in sight, 2 options on the table

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Infosys GST demand notices: Relief in sight, 2 options on the table - Business Standard

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The Ministry of Finance is considering granting relief to IT major Infosys regarding goods and services tax (GST) demand notices for around Rs 30,000 crore by amending a circular issued on June 26, according to a senior official.“The government may make the necessary amendments to the Circular 210 (which served as the basis of the GST demand notices) to grant relief to Infosys — either by declaring the notices null and void or by reducing the tax liability,” the official stated.