Rule 42 & 43 ITC Reversal Calculator

Rule 42 (inputs / input services) & Rule 43 (capital goods) reversal working

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Module 2 · Available

Rule 42 — Common Credit Reversal (Inputs & Input Services)

Monthly working under Rule 42 of CGST Rules, 2017.

T — Total ITC on inputs / input services

igst

cgst

sgst

cess

Total

₹ 0

T1 — Exclusively for non-business use

igst

cgst

sgst

cess

Total

₹ 0

T2 — Exclusively for exempt supplies

igst

cgst

sgst

cess

Total

₹ 0

T3 — Blocked credit u/s 17(5)

igst

cgst

sgst

cess

Total

₹ 0

T4 — Exclusively for taxable / zero-rated supplies

Credited directly to ECL — no reversal

igst

cgst

sgst

cess

Total

₹ 0

E — Exempt turnover of the tax period

F — Total turnover of the tax period

Particulars	IGST	CGST	SGST	Cess	Total
C1 = T − (T1+T2+T3)	0	0	0	0	0
C2 = C1 − T4 (Common Credit)	0	0	0	0	0
D1 = (E/F) × C2 [E/F = 0.00%]	0	0	0	0	0
D2 = 5% of C2 (deemed non-business)	0	0	0	0	0
C3 = C2 − (D1 + D2) (Eligible Common Credit)	0	0	0	0	0
Total Reversal in GSTR-3B (D1 + D2)	0	0	0	0	0

Report D1 in Table 4(B)(1) and D2 in Table 4(B)(1) of GSTR-3B (since the 2022 amendment, both flow through Table 4(B)). Annual recomputation must be done by 30th September of the next FY and any short reversal paid with interest under Section 50.