Quick Summary: GST ITC Optimizer

Input Tax Credit (ITC) allows you to reduce the GST you owe on sales by the amount of GST you already paid on purchases. In FY 2026-27, maximizing ITC involves adhering to Section 17(5) 'Blocked Credit' rules and following the strict utilization order where IGST credit must be fully exhausted before using CGST or SGST credits.

How to use the GST ITC Optimizer

  1. Enter Purchase GST

    Input the GST paid on various business expenses (Rent, Inventory, Software, etc.).

  2. Identify Blocked Items

    The tool filters out items like personal consumption, food, or vehicles where ITC is barred.

  3. Check IGST Priority

    Calculate the optimal order to set off your credits against current liabilities to minimize cash outflow.

Related Calculators

GST Calculator (Forward & Reverse)
GST Annual Return Estimator (GSTR-9)
Income Tax Calculator
Old vs New Regime Advisor

Regulatory Disclaimer · FY 2026-27

Last verified May 2026

Nature:Calculator platform and is NOT a SEBI-registered Investment Adviser. All calculations are indicative.

Risk:"Investments in securities market are subject to market risks. Read all related documents carefully before investing."

Consult a SEBI-registered IA or CA for personalised advice.

9 out of 10 traders in F&O incurred net losses (SEBI 2023). Tax estimates based on IT Act 2025. Trezoriq is not liable for financial decisions based on results.