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Calculate your Input Tax Credit eligibility. Know your blocked credits under Section 17(5) and net GST payable.
Enter GST paid on purchases and GST collected on sales to see your ITC eligibility and net GST payable.
Input Tax Credit (ITC) is the GST you paid on business purchases that you can use to reduce the GST you owe on your sales. It prevents the cascading effect of taxes (tax on tax).
Example: If you paid ₹18,000 GST on raw materials and collected ₹30,000 GST on sales, you only need to pay ₹12,000 (₹30,000 - ₹18,000) to the government.
Eligible ITC = GST Paid on Purchases × (Eligible % / 100)
Net ITC = Eligible ITC − Blocked Credit
Net GST Payable = GST on Sales − Net ITCIf Net ITC exceeds GST on Sales, the excess can be carried forward to the next period or claimed as a refund.
⚠️ Disclaimer: Calculations are for reference only. Verify with official GSTN portal or consult a CA before filing returns.
Calculate your Input Tax Credit (ITC) eligibility and savings under GST. Determine eligible ITC, blocked credits under Section 17(5), and net GST payable after claiming credit on your business purchases.
⚠️ Disclaimer: All calculations are for reference only. Verify with gst.gov.in or consult a qualified CA before filing returns.