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Infosys Slapped With Rs 32,000 Crore GST Evasion Notice, IT Sector Under Scanner
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Tech giant Infosys Ltd is being investigated by the Directorate General of GST Intelligence (DGGI) for alleged evasion of integrated Goods and Service Tax (GST) exceeding Rs 32,000 crore. In a statement to the stock exchanges late Wednesday, the Bengaluru-based IT services company contended that, under current regulations, GST does not apply to these expenses.
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