Ask Veda

TaxClue AI · Active
Namaste! I'm Veda — TaxClue's AI compliance assistant. 🙏

Ask me anything about GST, ITR, Company registration, Trademark, FSSAI or any compliance topic. When you're ready, I'll connect you with our expert for a callback.
Share your details — our expert will call you
Powered by TaxClue · India's Trusted Compliance Platform
GST · Rule 42 · CGST Rules 2017

GST ITC Reversal Calculator

Apportion common input tax credit between taxable and exempt supplies under Rule 42 — compute C2, D1, D2, eligible credit C3 and net eligible ITC live.

🧾 Input tax credit for the period
Total input tax T All ITC on inputs, input services & capital goods
Blocked credit u/s 17(5) T1 Never creditable — cars, personal, etc.
🔀 Exclusively-attributable ITC
ITC only for EXEMPT supplies T2 Fully non-creditable
ITC only for NON-business / personal T3 Fully non-creditable
ITC only for TAXABLE supplies T4 Incl. zero-rated — fully eligible
Common credit C2 = T − (T1 + T2 + T3 + T4). Whatever is left after removing blocked and exclusively-attributable ITC is apportioned below.
📊 Turnover for apportionment
Exempt turnover E Incl. nil-rated & non-taxable
Total turnover F Taxable + exempt in the state
D1 = (E ÷ F) × C2 is the credit attributable to exempt supplies (reversed). D2 = 5% of C2 is the deemed reversal for non-business use.

Rule 42 working

Step-by-step apportionment
◆ Expert Review

Get your ITC reversal reviewed by a GST expert

We reconcile your common credit, file DRC-03 if needed and true-up by September accurately.

✓ We'll contact you shortly!

Disclaimer: Indicative estimate under Rule 42 of the CGST Rules, 2017. Actual reversal depends on your exempt-supply classification, capital-goods (Rule 43) treatment and annual true-up. Verify with a professional.

What Rule 42 does — common credit apportionment

When a business makes both taxable and exempt supplies, ITC on inputs and input services used for both cannot be fully claimed. Rule 42 splits this "common credit" so that only the portion relating to taxable (and zero-rated) supplies stays eligible; the rest is reversed. A separate flat 5% is reversed as a deemed non-business portion.

C2
Common credit left after removing blocked & exclusive ITC
E ÷ F
Exempt-to-total turnover ratio that drives D1
5%
Deemed reversal D2 for non-business use of common credit
Sep
Deadline to true-up on an annual basis, Rule 42(2)

The Rule 42 formula, step by step

Start from total input tax T, strip out the ITC that is either blocked or exclusively attributable, then apportion whatever common credit remains between exempt use and non-business use.

Removing non-common ITC
T1Blocked credit u/s 17(5)Excluded
T2Exclusively for exempt suppliesExcluded
T3Exclusively non-business / personalExcluded
T4Exclusively for taxable + zero-ratedFully eligible
C2Common credit = T − (T1+T2+T3+T4)Apportioned
Apportioning C2
D1Exempt reversal = (E ÷ F) × C2Reversed
D2Deemed non-business = 5% × C2Reversed
C3Eligible common = C2 − D1 − D2Eligible
Total reversal = D1 + D2Add to output
Net eligible ITC = T4 + C3Claimable
"Exempt" turnover (E) includes nil-rated, non-taxable and certain reverse-charge outward supplies. Blocked credits under Section 17(5) are never eligible in either the exclusive or common bucket.

Worked example

Total input tax T = ₹1,00,000, with blocked ITC (T1) ₹5,000, exempt-exclusive (T2) ₹10,000, personal-exclusive (T3) ₹5,000 and taxable-exclusive (T4) ₹40,000. Exempt turnover E = ₹8,00,000 against total turnover F = ₹40,00,000.

Rule 42 apportionment
C2Common credit = 1,00,000 − (5,000+10,000+5,000+40,000)₹40,000
E÷FExempt ratio = 8,00,000 ÷ 40,00,0000.20
D1Exempt reversal = 0.20 × 40,000₹8,000
D2Deemed reversal = 5% × 40,000₹2,000
C3Eligible common = 40,000 − 8,000 − 2,000₹30,000
Total ITC reversal = D1 + D2₹10,000
Net eligible ITC = T4 + C3 = 40,000 + 30,000₹70,000
Enter your own figures above to see this working recomputed live in the navy panel and the Rule 42 working table.

Key terms explained

Common credit (C2)

ITC on inputs and input services used for both taxable and exempt supplies. It is what remains after removing blocked (T1) and exclusively-attributable (T2, T3, T4) credit from total input tax T.

D1 — exempt reversal

The slice of common credit attributable to exempt supplies, computed as (E ÷ F) × C2, where E is exempt turnover and F is total turnover. This amount is reversed and added to output tax.

D2 — deemed reversal

A flat 5% of C2 treated as attributable to non-business use, reversed regardless of actual usage. It is added to output tax liability along with D1.

Annual true-up

Rule 42 is applied monthly on provisional figures, then recomputed for the whole year and trued-up by September of the following financial year (Rule 42(2)); shortfalls carry interest.

Frequently Asked Questions
When does Rule 42 apply?

Where inputs and input services are used partly for taxable or zero-rated supplies and partly for exempt supplies or non-business purposes. The common credit has to be apportioned and the exempt and non-business share reversed.

How are D1 and D2 computed?

From the common credit C2: D1 is the exempt share, computed as C2 × exempt turnover ÷ total turnover. D2 is the deemed non-business share, taken as 5% of C2. D1 plus D2 is reversed in GSTR-3B.

What counts as exempt turnover?

Exempt and nil-rated supplies, non-taxable supplies including alcohol for human consumption, supplies on which the recipient pays under reverse charge, and transactions in securities and land and completed buildings, valued as prescribed.

Is a year-end adjustment required?

Yes. Rule 42 requires the monthly reversals to be recomputed for the whole financial year using annual figures, and the difference paid with interest or claimed as additional credit, by the return for September of the following year.

What is the difference between Rule 42 and Rule 43?

Rule 42 deals with inputs and input services. Rule 43 deals with capital goods, where the credit is spread over 60 months and the exempt share of each month's instalment is reversed.

Disclaimer: This tool gives indicative results for general guidance only and is not professional advice. Please verify with a qualified CA before acting on the numbers.