GST: I-T Department Conducts Surveys At Flipkart And Swiggy Offices Over Evasion Of Input Tax Credit By Their Vendors

The Income Tax (I-T) Department has conducted surveys at the Bengaluru offices of e-commerce major Flipkart and online food delivery firm Swiggy in connection with a matter of evasion of the input tax credit by their third-party vendors, reports Livemint.

The surveys that began on Wednesday (6 January) were conducted as a part of the government's nationwide drive against firms and vendors evading the payment of due goods and services tax (GST).

During the survey, the IT department asked the two companies for financial statements and tried to understand the payments made to the concerned vendors.

"The officials from the income tax department have contacted us. We are providing them all the required information and are extending our full cooperation. We believe we are in full compliance with all applicable tax and legal requirements," Flipkart's spokesperson was quoted as saying.

The IT department is also questioning the Swiggy employees about one of the food-tech firm's vendors, which seems to have evaded the input tax credit.

Swiggy's spokesperson has also said that the company is extending full cooperation to the concerned authorities.