GST Payment & ITC Set off Calculator

IGST
CGST
SGST
Tax Payable
Input Tax Credit

How to use this calculator?

Enter the amount of tax payable and input tax credit in the respective boxes. Click on calculate button. The calculator will automatically calculate the amount of tax payable and input tax credit to be carried forward.

You can also change the amount and it will instantly recalculate the amount.

You can also reset the calculator by clicking on the reset button.

Calculator also adjusts the ITC in such manner that maximum ITC can be taken and minimum tax is payable.

What are the ITC Set off rules?

Section 49A of the CGST Act, 2017 and Rule 88A of CGST rules 2017 deals with the ITC set off rules.

The ITC set off rules are as follows:

  1. IGST ITC has to be set off against IGST liability first.
  2. Remaining IGST ITC can be set off against CGST liability and SGST liability in any order.
  3. IGST ITC have to be set off first before setting off CGST ITC and SGST ITC.
  4. CGST ITC has to be set off against CGST liability first. Remaining CGST ITC can be set off against IGST liability.
  5. SGST ITC has to be set off against SGST liability first. Remaining SGST ITC can be set off against IGST liability.