The central government is likely to give GST relief to Infosys, foreign shipping lines and foreign airlines, according to a CNBC-TV18 report on Thursday. The report added that the Centre is considering introducing changes on the June circular in the upcoming GST Council on September 9.
The report said that the Centre feels that the service sector needs clarity in GST and ease of doing business as well. The report also added that DGGI had recently sent notices to India’s second-largest IT company along with many foreign airlines.
On July 31, Infosys received a ‘pre-show cause’ notice from Karnataka State GST authorities, for alleged GST evasion to the tune of about Rs 32,403 crore.
On August 6, the Directorate General of Goods and Services Tax Intelligence (DGGI) had issued show-cause notices to 10 foreign airlines, including British Airways, Lufthansa and Emirates, for allegedly not paying Rs 10,000 crore in taxes, according to an Economic Times report. The notices pertained to unpaid taxes on the import of services by Indian branches from their head offices.
According to a PTI report, the 54th Meeting of the GST Council is likely to take up matters regarding reducing tax slabs, rate rationalisation, besides removing duty inversion under GST.
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