🇮🇳India

GST अनुपालन दंड

3 verified sources

Definition

Content licensing involves issuing GST invoices for royalties, requiring e-invoicing if turnover >₹50 crore and GSTR-2B reconciliation. Errors cause ITC denial, interest at 18%, and penalties.

Key Findings

  • Financial Impact: ₹10,000-1 lakh penalty per mismatch + 18% interest on denied ITC (₹1-5 lakhs typical per quarter for mid-size firm)
  • Frequency: Quarterly during GSTR-3B filing
  • Root Cause: Manual invoice matching delays and errors in royalty payment processing

Why This Matters

The Pitch: E-Learning providers in India waste ₹5-20 lakhs annually on manual GST reconciliation for royalty payments. Automation of ITC matching eliminates penalty risks.

Affected Stakeholders

Accounts Payable Team, Finance Manager, Compliance Officer

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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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