🇮🇳India

GST ITC Reconciliation में विलंब

1 verified sources

Definition

Vendor payments for training materials require GST ITC reconciliation with GSTR-2A/2B. Failure to match due to vendor non-upload results in denied ITC, causing cash flow loss.

Key Findings

  • Financial Impact: ₹50,000-₹2 lakh ITC blocked per quarter on training material invoices; 20-40 hours/month manual reconciliation
  • Frequency: Monthly/Quarterly during GSTR filings

Why This Matters

The Pitch: Secretarial Schools in India 🇮🇳 lose ₹50,000-₹2 lakh annually on vendor payments for training materials. Automation of GSTR-2B reconciliation eliminates ITC blockage risk.

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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