🇮🇳India

GST ITC Reconciliation में त्रुटियाँ

2 verified sources

Definition

In vendor PO and rebate tracking, manual processes fail to match invoices against GSTR-2B, causing ITC denial. Hardware wholesalers face high volumes of vendor invoices requiring GST compliance.

Key Findings

  • Financial Impact: ₹10,000-50,000 per month in denied ITC; 20-40 hours/month manual reconciliation
  • Frequency: Monthly during GSTR-3B filing
  • Root Cause: Manual PO tracking without e-invoicing integration; rebate adjustments not reflected in GSTR-2B

Why This Matters

The Pitch: Wholesale hardware firms in India waste ₹5-20 lakh annually on manual ITC reconciliation. Automation of PO-rebate matching eliminates denied ITC risks.

Affected Stakeholders

Accounts Payable Team, Finance Manager, 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

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