🇮🇳India

इन्वेंटरी विसंगतियों से GST ITC अस्वीकृति

1 verified sources

Definition

Poor inventory records lead to wrong purchase invoice values, blocking ITC; highest pain in GST 2.0 with e-invoicing.

Key Findings

  • Financial Impact: ₹5-20 lakhs/year denied ITC (1-3% of input costs); GST penalty ₹10,000+ per mismatch.
  • Frequency: Per GST return cycle (monthly/quarterly).
  • Root Cause: Manual tank dips not synced to GSTIN invoices.

Why This Matters

The Pitch: Chemical wholesalers in India lose ₹5-20 lakhs/year in denied ITC from reconciliation errors. Automated matching prevents GST penalties.

Affected Stakeholders

GST Filer, Accounts Payable, CFO

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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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