🇮🇳India

GST अनुपालन जुर्माना

2 verified sources

Definition

Non-compliance with GST e-invoicing (mandatory for turnover >₹50 crore) and ITC reconciliation causes penalties and loss of input tax credit, critical for transport service providers billing trips.

Key Findings

  • Financial Impact: ₹10,000-50,000 penalty per instance + 2-5% revenue equivalent in denied ITC
  • Frequency: Monthly during GSTR filings
  • Root Cause: Manual reconciliation of flagged invoices in GSTR-2B

Why This Matters

The Pitch: Shuttles and special needs transport firms in India waste ₹5-10 लाख annually on GST penalties and denied ITC. Automation of invoice reconciliation eliminates this risk.

Affected Stakeholders

Accounts Manager, Billing Supervisor, Compliance Officer

Deep Analysis (Premium)

Financial Impact

Financial data and detailed analysis available with full access. Unlock to see exact figures, evidence sources, and actionable insights.

Unlock to reveal

Current Workarounds

Financial data and detailed analysis available with full access. Unlock to see exact figures, evidence sources, and actionable insights.

Unlock to reveal

Get Solutions for This Problem

Full report with actionable solutions

$99$39
  • Solutions for this specific pain
  • Solutions for all 15 industry pains
  • Where to find first clients
  • Pricing & launch costs
Get Solutions Report

Methodology & Sources

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

Evidence Sources:

Related Business Risks

Request Deep Analysis

🇮🇳 Be first to access this market's intelligence