Net GST payable after Input Tax Credit set-off, including blocked credits (Sec 17(5)) and Rule 42/43 reversal
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The calculator applies the standard formula for this calculation to the values you enter and returns the result instantly.
Net GST payable after Input Tax Credit set-off, including blocked credits (Sec 17(5)) and Rule 42/43 reversal
You will need: Output GST Collected, Total Input GST Paid, Blocked Credit (Sec 17(5)), ITC Reversal (Rule 42/43), Opening ITC Balance (Carried Forward).
It shows Eligible ITC, Net GST Payable, ITC Carried Forward, Blocked Credit, ITC Reversed, computed instantly from the values you enter.
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