🇮🇳India

जीएसटी ITC मिलान त्रुटियाँ

2 verified sources

Definition

Mandatory GST e-invoicing for larger firms and ITC reconciliation create highest pain points in procurement, with manual flagged invoice resolution causing financial losses.

Key Findings

  • Financial Impact: ₹10,000-1 lakh per flagged invoice; 20-40 hours/month manual reconciliation; 100-200% of ITC value in penalties
  • Frequency: Monthly GSTR-3B filing; every supplier invoice
  • Root Cause: Manual handling of procurement invoices; no automation for GSTR-2B matching

Why This Matters

The Pitch: Furniture manufacturers with >₹50cr turnover lose ₹1-5 lakh monthly on ITC reconciliation failures. Automated e-invoicing eliminates GST 2.0 compliance risks.

Affected Stakeholders

Accounts Payable, Compliance Officer, Finance Head

Deep Analysis (Premium)

Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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