Rule 43 Calculator

ITC reversal on capital goods under Rule 43 of CGST Rules — common capital goods are spread over 60 months; exempt-use portion is reversed monthly.

Inputs

ITC on Common Capital Goods (total)

₹

ITC on Exclusively Exempt Capital Goods

₹

Taxable Turnover

₹

Exempt Turnover (E)

₹

Zero-Rated Turnover

₹

Useful Life60 months (5 years)

Monthly Common ITC (Tc = ITC ÷ 60)₹ 10,000

Total Turnover (F)₹ 1,05,00,000

Exempt Ratio (E/F)19.05%

Monthly Reversal — Common CG (Tc × E/F)₹ 1,905

Reversal — Exclusively Exempt CG₹ 0

Total Monthly Reversal₹ 1,905

Monthly Net ITC Available₹ 8,095

Annual Net ITC (approx.)₹ 97,140