🇮🇳India

BOM आधारित GST ITC समरूपता असफलता

2 verified sources

Definition

Excess/ghost materials in BOM lead to unmatching supplier invoices; manual resolution takes 20-40 hours/month per plant.

Key Findings

  • Financial Impact: 18% GST on disallowed ITC (₹5-15 लाख/year); ₹10,000-50,000 penalty per return
  • Frequency: Monthly GSTR-3B filing
  • Root Cause: No HSN integration in manual BOM costing[1]; ITC matching pain point

Why This Matters

The Pitch: Furniture firms lose ₹10-25 लाख ITC annually from BOM-driven GST mismatches. Automated HSN validation in BOM ensures 100% claimable credits.

Affected Stakeholders

GST Accountant, Cost Controller, 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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