🇮🇳India

GST ITC Matching त्रुटियाँ

2 verified sources

Definition

In Purchase Order Processing, manual coordination with manufacturers causes GSTR-2B mismatches, blocking Input Tax Credit during procurement of machinery parts.

Key Findings

  • Financial Impact: ₹10,000-50,000 per denied ITC claim; 20-40 hours/month manual reconciliation
  • Frequency: Monthly during GSTR-3B filing
  • Root Cause: Manual PO-invoice matching without e-invoicing integration

Why This Matters

The Pitch: Wholesale Machinery firms in India waste ₹10-20 लाख annually on manual ITC reconciliation. Automation of invoice matching eliminates denied claims.

Affected Stakeholders

Accounts Payable Team, Compliance Officer, Procurement Manager

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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