Flipkart, Swiggy face tax surveys

The Income Tax department has conducted surveys at the Bengaluru offices of e-commerce and foodtech firm Flipkart and Swiggy, in relation to a matter of evasion of input tax credit by their third-party vendors, according to three individuals aware about the matter.

The surveys which began on Wednesday at the premises of these companies is a part of the nationwide drive which the tax department has undertaken against firms and vendors evading GST.

“For both companies, due to a third-party vendor default, these surveys are being conducted at the offices of these startups. The IT department is asking for financial statements and trying to understand the payments made to these vendors,” said one person aware about the surveys.