🇮🇳India

ITC दावा हानि

1 verified sources

Definition

In charter billing, incorrect GST rate choice (5% without ITC) prevents claiming credits on eligible expenses, causing revenue leakage through unoffset tax liabilities.

Key Findings

  • Financial Impact: 18% ITC denial on inputs (e.g., hotels, transport); typical ₹1-5 lakh annual loss for mid-size operators (logic: 18% of ₹10-30 lakh expenses)
  • Frequency: Ongoing per billing cycle
  • Root Cause: Manual quote generation without ITC simulation; lack of pure agent exclusion in value of supply

Why This Matters

The Pitch: Sightseeing operators in India 🇮🇳 lose 18% ITC on ₹10-50 lakh annual inputs due to billing errors. Automated rate selection recovers this leakage.

Affected Stakeholders

Tour Operator, Finance Head

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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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