GST Input Tax Credit Calculator

GST Input Tax Credit (ITC) Calculator

Calculate net ITC after output tax adjustment. Free GST input tax credit calculator for monthly compliance.

About GST Input Tax Credit Calculator

Maximize compliance with our GST ITC Calculator. Enter total eligible input tax and output tax liability to find net ITC available, payable GST, or carry-forward balance.

Calculation Formula

Use these standard formulas for accurate estimates:

Net GST payable

Payable = Output Tax − Eligible ITC

ITC carry forward

Carry Forward = ITC − Output Tax (if ITC > Output)

Example Calculation

Example: Output ₹45,000, ITC ₹38,000

ComponentValue
Output tax₹45,000.00
Eligible ITC₹38,000.00
Net payable₹7,000.00

Benefits of Using This Calculator

Instant, accurate GST math aligned with Indian tax formulas

Automatic CGST, SGST, and IGST split for compliance-ready figures

Supports all major GST slabs plus custom rate entry

Mobile-friendly layout—calculate on phone or desktop

No data stored—calculations run locally in your browser

Free forever—ideal for SMEs, freelancers, and accountants

Frequently Asked Questions

  • Certain expenses like motor vehicles for personal use, club memberships, and fines have restricted or blocked ITC under GST law.
  • Common GST rates are 0%, 5%, 12%, 18%, and 28%. Certain goods like gold attract 3%, and some items have cess. Rates are notified by the GST Council and may change.
  • For intra-state sales, GST is split equally into CGST (Central) and SGST (State). For inter-state sales, IGST is charged by the Centre and later apportioned.
  • Yes. Investro GST calculators are 100% free, require no signup, and run in your browser for instant results.
  • Results are estimates based on standard formulas. For statutory filings, consult a tax professional and refer to the latest GST notifications.

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Conclusion

Use this free tool for quick, accurate estimates—always verify with your chartered accountant for filings, audits, and legal interpretations. Explore related GST calculators below for inclusive pricing, ITC, invoicing, and industry-specific tax.

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