🇮🇳India

विक्रेता इनवॉइस पर GST जुर्माना

2 verified sources

Definition

Wholesale hardware firms with turnover >₹50cr must e-invoice vendors; poor PO tracking leads to ITC blocks and penalties during audits.

Key Findings

  • Financial Impact: ₹10,000 minimum penalty per instance + 18% interest; ₹2-5 lakh annual fines for repeat errors
  • Frequency: Per audit or flagged invoice
  • Root Cause: No automated e-invoice matching for POs; rebate discrepancies

Why This Matters

The Pitch: Plumbing equipment wholesalers in India face ₹10,000-1 lakh fines per non-compliant invoice. Automated PO-rebate validation ensures 100% GST compliance.

Affected Stakeholders

Vendor Manager, GST Filer, Auditor

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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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