🇮🇳India

GST अनुपालन दंड

2 verified sources

Definition

Event revenue management involves tracking donations, tickets, sponsorships; manual processes cause invoice mismatches, leading to GST penalties under CGST Act.

Key Findings

  • Financial Impact: ₹10,000-₹25,000 penalty per mismatch + 100% denied ITC (e.g., ₹1-2 lakh/event); 20-40 hours/month manual reconciliation.
  • Frequency: Monthly GSTR filings; high for events >₹50 crore annual turnover.
  • Root Cause: Manual invoice entry and delayed GSTR-2B matching in event billing.

Why This Matters

The Pitch: Philanthropic Fundraising Services in India waste ₹2-5 lakh annually on GST penalties and denied ITC from event revenue mismanagement. Automation of e-invoicing and GSTR-2B reconciliation eliminates this risk.

Affected Stakeholders

Event Finance Manager, Accountant, Compliance Officer

Deep Analysis (Premium)

Financial Impact

Financial data and detailed analysis available with full access. Unlock to see exact figures, evidence sources, and actionable insights.

Unlock to reveal

Current Workarounds

Financial data and detailed analysis available with full access. Unlock to see exact figures, evidence sources, and actionable insights.

Unlock to reveal

Get Solutions for This Problem

Full report with actionable solutions

$99$39
  • Solutions for this specific pain
  • Solutions for all 15 industry pains
  • Where to find first clients
  • Pricing & launch costs
Get Solutions Report

Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

Request Deep Analysis

🇮🇳 Be first to access this market's intelligence