Calculate Input Tax Credit (ITC) available and GST liability with advanced features including ITC reversals, blocked credits, and proportionate calculations as per 2025 GST rules.
Calculate Input Tax Credit (ITC) available and GST liability under latest 2025 rules
ITC not available on these items (motor vehicles, food & beverages, personal use, etc.)
ITC must be reversed if payment not made within 180 days
Input Tax Credit (ITC) is a mechanism that allows businesses to reduce their GST liability by claiming credit for the GST paid on purchases (inputs). This prevents the cascading effect of taxes and ensures tax is paid only on value addition.
ITC not available on:
Our advanced ITC Calculator helps businesses accurately calculate their Input Tax Credit under GST 2025 rules. The calculator takes into account all the latest regulations including blocked credits under Section 17(5), proportionate reversal for exempt supplies, and time-based restrictions.
Use this calculator when filing your monthly GSTR-3B returns to determine the exact ITC available for utilization against your output tax liability. It's especially useful for businesses dealing with mixed supplies (taxable and exempt) or those needing to track blocked credits.
As per the latest GST amendments in 2025, businesses must ensure GSTR-2B matching for ITC claims. The time limit for claiming ITC is the earlier of 30th November of the following year or the date of filing the annual return. Additionally, the reversal mechanism for credit notes has been explicitly defined under amended Section 34 of CGST Act.