Infosys on Thursday clarified reports regarding a show-cause notice issued by the Directorate General of GST Intelligence (DGGI) for Rs 415 crore, related to alleged ineligible input tax credit (ITC) refunds.

In a clarification sought by stock exchanges NSE and BSE, the IT major informed that the matter dates back to May 2025, when DGGI sought information on GST refunds claimed by Infosys. The IT major said it had provided all relevant information and held discussions with DGGI officials to address the queries. Advertisement

The DGGI had earlier issued a pre-show cause notice on July 30. Infosys requested additional time and documentation to respond, but the request was not granted. Consequently, the show-cause notice was issued on August 12 for Rs 414.88 crore, excluding interest and p

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