🇮🇳India

GST ITC मिलान त्रुटि से दंड

2 verified sources

Definition

Recurring orders amplify invoicing errors, causing GST ITC denial and penalties during audits.

Key Findings

  • Financial Impact: ₹10,000+ penalty per mismatch; 10-20% ITC loss (₹5,000-25,000/month for mid-size shop)
  • Frequency: Per audit or flagged return
  • Root Cause: Manual handling of recurring invoice data entry

Why This Matters

The Pitch: Retail florists in India face ₹10,000-1,00,000 penalties yearly from ITC mismatches on recurring orders. Automation of invoice reconciliation eliminates this risk.

Affected Stakeholders

Compliance Officer, Owner

Deep Analysis (Premium)

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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