Input Tax Credit (ITC) Optimization
Analysis of inbound tax purchases to classify eligible credits, block ineligible items, and maximize cash flow savings.
Target Users
Ideal for: Manufacturers, heavy exporters, and large service firms.
What Is Included / Key Features
- Statutory compliance check for credit claiming rules
- Assessing blocked credits (Section 17(5)) and partial credits (Rules 42/43)
- Quarterly credit audits to maximize cash savings
Required Documents Checklist
- Detailed purchase invoice records
- Historical 12 months GST returns summaries
- Balance Sheet and Trial Balance ledgers