Swiggy, Instakart under tax lens over fake GST claims
SECTIONS
Last Updated: Jan 09, 2021, 08:41 AM IST
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Samayam Telugu
The income tax department is investigating concealment of income at food delivery firm Swiggy and Instakart, a group company of Flipkart, said revenue department officials, who didn’t want to be named. This follows investigations by the Directorate General of GST Intelligence (DGGI) that are said to have unearthed multi-layered, goods and service tax (GST) invoice frauds involving the companies in connivance with fake firms, according to the people cited above.
Both firms have denied any wrongdoing.
Income tax officials have been conducting searches at the offices of Instakart and Swiggy since Wednesday. The survey on Swiggy was concluded on Friday.