🇮🇳India

GST ITC बजट मिलान विफलता

2 verified sources

Definition

Production involves multiple vendors requiring GST-compliant invoices; mismatches cause manual resolution, ITC blocks, and penalties. Mandatory for >₹50 crore turnover.

Key Findings

  • Financial Impact: ₹10,000–₹50,000 ITC loss per ₹2-5 lakh budget (2-5% effective cost increase); ₹10,000+ GST penalty per default
  • Frequency: Monthly GSTR-3B filing
  • Root Cause: Manual invoice tracking in cost reporting

Why This Matters

The Pitch: Media firms in India lose ₹10,000–₹50,000 ITC per project from reconciliation failures. Automation of GSTR-2B matching recovers full credits.

Affected Stakeholders

Accounts Payable, Compliance Officers

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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