Infosys has received a communication regarding a penalty related to an alleged mismatch in Input Tax Credit (ITC) availment. The penalty, amounting to INR 23,08,904, pertains to excess ITC claimed in GSTR-3B compared to GSTR-2A for FY 2018-19. According to Infosys, this issue is not expected to have a material impact on the company’s financials or operations.
Penalty Notice Received
Infosys has received a communication regarding a penalty for the collection of a penalty, issued on December 5, 2025. The penalty is related to alleged violations concerning Input Tax Credit (ITC).
Details of the Penalty
The communication was issued by the Joint Commissioner of CGST. The total penalty amount is INR 23,08,904. The issue pertains to an alleged excess availment of ITC in GSTR-3B compared to ITC reflecting in GSTR-2A for FY 2018-19.
Impact Assessment
Infosys has stated that there is no material impact on the company’s financials, operations, or other activities as a result of this matter.
Source: BSE