GST Input Credit Calculator

Calculate Net GST Payable after Input Tax Credit adjustment.

Ledger Details

Total GST collected from customers

Total GST paid to vendors

Unused credit from previous month

Net Position
Net Payable in Cash
₹15,000
Your Input Credit (₹35,000) was insufficient to cover the liability.
Total Output Liability₹50,000
Total Input Credit-₹35,000

ITC Rules

  • You must possess a valid tax invoice.
  • The goods/services must have been received.
  • The supplier must have paid the tax to the government.
  • The supplier must have filed their GST returns.

How to use this calculator

This tool helps you make data-driven decisions. Simply enter your specific details above, and the calculator will provide instant results.

Why is this important?

Understanding your numbers is crucial for financial health. Accuracy saves money and helps in better planning.

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