📈 GST Planning Tool
Monthly GST Liability Estimator
Enter your monthly revenue and ITC to estimate your GST payable. Track your financial-year running total and see when you're approaching the registration threshold.
Business Configuration
Monthly Revenue & ITC
| Month | Revenue (₹) | GST Rate | Output GST (₹) | ITC Claimed (₹) | Net Payable (₹) |
|---|
Financial Year Summary
Turnover vs Registration Threshold
₹0
Frequently Asked Questions
What is GST registration threshold?
Businesses with aggregate annual turnover exceeding ₹40 lakh (for goods) or ₹20 lakh (for services) in most states must register for GST. For special category states (NE states, hill states), the threshold is ₹20 lakh for goods and ₹10 lakh for services.
How is GST liability calculated?
GST liability = Output GST (collected on sales) − Input Tax Credit (paid on purchases). The net amount is what you pay to the government.
What is Input Tax Credit (ITC)?
ITC is the GST you paid on your business purchases (raw materials, services, etc.). You can deduct this from the GST you collected on sales, paying only the difference.
Is this an official calculation?
No — this is an estimator for planning purposes. Actual GST liability depends on specific invoice-level details, ITC eligibility rules, and GSTR-2B auto-populated credits. Always verify with a CA.