Infosys Receives ₹8.27 Crore Penalty from CGST Authority

Infosys Limited has received communication regarding the collection of a penalty from the Joint Commissioner of CGST. The penalty amounts to ₹8,27,50,000 (INR 8.27 Crore). The penalty is related to a...

Infosys Limited has received communication regarding the collection of a penalty from the Joint Commissioner of CGST. The penalty amounts to ₹8,27,50,000 (INR 8.27 Crore). The penalty is related to alleged disallowance of Blocked ITC, Excess ITC, Wrong head, and invoices not appearing in 2A for the financial years 2018-19 to 2022-23. The company received the communication on December 16, 2025, at 18:27 IST. Infosys has stated that there is no material impact on its financials, operations, or other activities due to this penalty. This information will also be hosted on the company's website. The announcement was made by A.G.S. Manikantha, Company Secretary.

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Why is Infosys Limited in the news today?

Infosys Limited (INFY) is in the news due to the company has been levied a significant penalty, which is a negative development.

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Infosys Receives ₹8.27 Crore Penalty from CGST Authority

December 17, 2025, 11:08 AM

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Infosys Limited has received communication regarding the collection of a penalty from the Joint Commissioner of CGST. The penalty amounts to ₹8,27,50,000 (INR 8.27 Crore).

The penalty is related to alleged disallowance of Blocked ITC, Excess ITC, Wrong head, and invoices not appearing in 2A for the financial years 2018-19 to 2022-23.

The company received the communication on December 16, 2025, at 18:27 IST. Infosys has stated that there is no material impact on its financials, operations, or other activities due to this penalty.

This information will also be hosted on the company's website. The announcement was made by A.G.S. Manikantha, Company Secretary.

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