GST Input Tax Credit Calculator Tool

GST ITC & Cash Liability Calculator

GST ITC Calculator

Calculate Tax Offset and Net Cash Liability

Output Tax Liability (Sales)

Available ITC (Purchases)

Calculation Summary Live Offset

Total Liability

₹0.00

Total ITC Available

₹0.00

Net IGST Payable ₹0.00
Net CGST Payable ₹0.00
Net SGST Payable ₹0.00

Cash Liability to Pay

₹0.00

*This follows the Rule 88A: IGST ITC is utilized first against IGST liability, then CGST/SGST in any order.

 

Strategic Features & Logic:

  1. Rule 88A Optimization: The calculator follows the official Indian GST mandate where IGST ITC must be exhausted completely before utilizing CGST or SGST ITC.

  2. Cross-Utilization Blocks: The logic correctly prevents CGST ITC from being used to pay SGST liability (and vice-versa), which is a common mistake in manual filing.

  3. Dynamic Result Labeling: * If tax is due, it highlights "Cash Liability to Pay".

    • If purchases exceed sales, it switches to "ITC Carry Forward", showing the credit you can use for the next month.

  4. Sticky Summary: On desktop, the calculation summary stays fixed as you scroll, allowing for easy data entry of long lists of purchase/sales totals.

  5. PDF Reporting: Exports the summary card as a clean, high-resolution document for internal accounting records.