Skip to content
Free Indian Tools

Tax · Free tool

GST Input Tax Credit Tracker

Offset rules: IGST credit → IGST/CGST/SGST output. CGST credit → CGST/IGST output (NOT SGST). SGST credit → SGST/IGST (NOT CGST). Get the order right or you'll over-pay.

Output GST (on your sales)

₹50,000
₹50,000
₹0

Input GST (paid on purchases)

₹20,000
₹20,000
₹40,000
Net GST payable
₹30,000
CGST
₹0
SGST
₹30,000
IGST
₹0

Carry-forward credits: CGST ₹10,000 · SGST ₹0 · IGST ₹0

FAQ

Can I claim ITC on all purchases?

Most B2B purchases yes. Excluded: food/beverages for staff, club / health membership, motor vehicles for personal use, life insurance, works contracts for immovable property (with exceptions).

When can I take ITC?

When all 4 conditions met: (a) invoice received, (b) goods/services received, (c) tax paid by supplier (visible in your GSTR-2B), (d) return filed by supplier. Deadline: 30 Nov of next FY OR annual return filing — whichever earlier.

What if my supplier didn't pay GST?

No (post-2022 rule change). ITC restricted to amounts visible in GSTR-2B. Always verify your suppliers are GSTR-3B compliant.