Flipkart arm Instakart found availing GST credit fraudulently

The GST Intelligence has found that Instakart Services, a subsidiary of Walmart-owned e-commerce company  Flipkart , has availed fraudulent input tax credit ( ITC ) worth Rs 21 crore since July 2017, according to officials. The undue credit has been availed by the firm on the basis of fake invoices issued by two of its vendors engaged in ‘manpower supply’, they said. A Instakart Services spok…