GST ITC Reconciliation त्रुटियाँ
Definition
Furniture assembly and installation services attract 18% GST as composite supply. Providers face high manual effort in GSTR-2B reconciliation, causing ITC mismatches and losses.
Key Findings
- Financial Impact: ₹10,000-50,000 penalty per mismatched return + 2-5% ITC denial (₹2-5 लाख/year for ₹50cr+ turnover firms)
- Frequency: Monthly during GSTR-3B filing
- Root Cause: Manual invoice matching without automation
Why This Matters
The Pitch: Retail furniture players in India waste ₹5-10 लाख annually on manual GST reconciliation for assembly services. Automation of ITC matching eliminates this risk.
Affected Stakeholders
Accounts Manager, GST Compliance Officer
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
इन्वेंटरी श्रिंकेज असेंबली में
कॉन्ट्रैक्ट लेबर GST RCM
वारंटी रीवर्क लागत
फाइनेंसिंग टीम क्षमता हानि
ग्राहक चयन में विलंब से बिक्री हानि
EMI ऋण प्रोसेसिंग में समयबद्धता की कमी
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