🇮🇳India

GST इनवॉइस मिलान विफलता से ITC हानि

2 verified sources

Definition

Unbilled or erroneous invoices from print vendors due to spec mismatches lead to GST ITC denial during reconciliation.

Key Findings

  • Financial Impact: ₹50,000-₹5,00,000 annual ITC loss; 100% of disallowed input tax
  • Frequency: Monthly during GSTR-3B filing
  • Root Cause: Non-standard invoice details from manual vendor processes

Why This Matters

The Pitch: Graphic Design businesses forfeit ₹1-5 lakh ITC yearly from flagged vendor invoices. Automated reconciliation secures full credits.

Affected Stakeholders

Accounts Payable, 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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