🇮🇳India

GST अनुपालन त्रुटियाँ

2 verified sources

Definition

Event contracts generate invoices prone to mismatches, leading to denied ITC and fines.

Key Findings

  • Financial Impact: ₹100-₹200/day late fee + 18% interest; ₹10,000+ per flagged invoice cluster (2-5% revenue impacted)
  • Frequency: Monthly GSTR filings; high for multi-event florists
  • Root Cause: Paper/digital contract to invoice disconnect

Why This Matters

The Pitch: Florists above ₹50Cr turnover face ₹10,000-₹1,00,000 monthly GST fines from contract billing errors. Automated GSTR reconciliation saves this.

Affected Stakeholders

Accountant, Owner

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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