GST अनुपालन और ITC समन्वय विफलता
Definition
Under GST, vendors must issue e-Invoices (for turnover >50 crore) or compliant invoices timely. If vendor invoice is not filed in GSTR-1 or is rejected by GSTIN mismatch, customer cannot claim ITC in GSTR-2B. Manual resolution requires 10–20 hours per flagged invoice. For contracts with 10–20 invoices/year per vendor, 1–3 invoice mismatches = 20–60 hours lost time + ₹10,000–₹50,000 blocked ITC per mismatch.
Key Findings
- Financial Impact: ₹10,000–₹100,000 per invoice mismatch (depending on service value and GST rate). 1–3 mismatches/year = ₹30,000–₹150,000 annual blocked ITC or manual rework cost (₹500–₹1,000/hour × 20–60 hours).
- Frequency: Per billing cycle (monthly/quarterly); 1–3 flagged invoices per 10–20 invoices/year across all vendors.
- Root Cause: Vendor GSTIN mismatch, late GSTR-1 filing, vendor not registered for GST, invoice format errors (missing GSTIN, incorrect HSN codes), customer procurement system not synced with vendor master.
Why This Matters
The Pitch: Computer Networking service buyers in India lose ₹50,000–₹500,000 annually in blocked ITC due to vendor invoice errors and GSTR-1/2B mismatches. Automated e-Invoice generation and GST reconciliation eliminate this compliance friction.
Affected Stakeholders
Tax Compliance Officer, Procurement Manager, Accounts Payable, Finance Controller
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
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