Apportionment of ITC | Rule 42 of CGST Rules | Rule 43 of CGST Rules | GST Tax excel tool | CS K K Agrawal

Brief GST provisions

Where GST outward supplies are both of exempt and taxable supplies or for any other reason as specified in section 17 of CGST Act, 2017 then GST ITC need to be apportioned on the basis of turnover. This tax excel sheet by KK shall help you achieve that in a very easy manner and fastest way.

Working of this sheet