Input Tax Credit Calculator

Calculate eligible Input Tax Credit under GST for your business. Understand claimable credit, reversals, blocked credits, and optimize your tax savings with detailed breakdown.

Purchase Details

Total Purchase Value (Including GST)

₹

₹1,00,000

Applicable GST Rate (%)

18%

Common GST Rates

ITC Eligibility Factors

Business Use Percentage

100%

Percentage of purchase used for business purposes

Exempted Sales Percentage

Percentage of sales that are exempt from GST

Includes Blocked Credit Items

Check if purchase includes items under blocked credit (restaurants, membership fees, etc.)

Capital Goods Purchase

Check if purchase is for capital goods (different ITC rules apply)

ITC Calculation Results

₹0

Total Eligible Input Tax Credit

₹0

Total GST Paid

₹0

ITC Reversal

Enter purchase details and eligibility factors, then click "Calculate ITC" to see results

ITC Rules & Important Information

Time Limit: ITC must be claimed within the earlier of due date of September return or annual return
Documentation: Valid tax invoice and receipt of goods/services required
Blocked Credits: ITC not available for restaurants, membership fees, personal consumption
Apportionment: ITC must be apportioned between taxable and exempt supplies
Payment to Vendor: Must pay supplier within 180 days to retain ITC

Why Use Our ITC Calculator?

Accurate Calculations

Precise ITC calculations considering all GST rules and restrictions

Detailed Breakdown

Comprehensive breakdown of eligible ITC, reversals, and restrictions

Rule Compliance

Calculations based on latest GST laws and Section 17 provisions

Business Optimized

Helps optimize tax savings while maintaining compliance