🇮🇳India

जीएसटी ITC मिसमैच से रिसीवेबल वेरिफिकेशन देरी

2 verified sources

Definition

Jewelry exporters face GST compliance burdens in receivable verification, where manual ITC reconciliation with buyer GSTR-2B filings causes payment delays.

Key Findings

  • Financial Impact: ₹20-40 hours/month manual reconciliation; 30-60 days extra in AR aging; 1-2% working capital blockage[1]
  • Frequency: Monthly GSTR-3B and 2B cycles
  • Root Cause: Mandatory GST e-invoicing and ITC matching for >50Cr turnover firms

Why This Matters

The Pitch: Jewelry wholesalers in India lose ₹10-20 lakh annually per 100Cr turnover on ITC claim delays from manual GSTR-2B reconciliation. Automation of invoice matching eliminates this drag.

Affected Stakeholders

GST Compliance Officer, AR Collection Team, Finance Controller

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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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