🇮🇳India

GST गैर-अनुपालन जुर्माना

1 verified sources

Definition

In purchase order generation and vendor management, manual processes fail to ensure GST-compliant e-invoicing, leading to ITC mismatches and penalties during audits.

Key Findings

  • Financial Impact: ₹10,000-₹1 लाख penalty per instance of ITC mismatch; 20-40 hours/month manual reconciliation
  • Frequency: Monthly during GSTR filings
  • Root Cause: Lack of automated PO to invoice matching with GSTR-2B

Why This Matters

The Pitch: Retail grocery players in India waste ₹5-10 लाख annually on manual GST reconciliation and penalties. Automation of PO-invoice matching eliminates this risk.

Affected Stakeholders

Vendor Managers, 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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