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Flipkart’s Instakart caught in tax probe over fake invoices, GST credit

Shortpedia

Content Team
Image Credit: shortpedia

Walmart-owned Flipkart’s subsidiary Instakart Services has found itself in fresh trouble with tax authorities after being accused of using fake GST invoices. The ecommerce giant’s subsidiary is said to have illegally availed input tax credit worth INR 21 Cr since July 2017 based on fake invoices. The government’s GST Intelligence body reportedly stumbled onto the fake invoices used by two of Instakart vendors.