Calculate Interest on ITC Reversal in GST
What is Interest on ITC Reversal in GST and Why it Matters
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How to Use This Calculator
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Formula & Methodology
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Real-World Examples
| ITC Reversed (₹) | GST Rate (%) | Period (Months) | Interest (₹) |
|---|---|---|---|
| 100000 | 18 | 6 | … |
Data & Statistics
| GST Rate (%) | Average Interest (₹) |
|---|---|
| 18 | … |
Expert Tips
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Interactive FAQ
What is the formula to calculate interest on ITC reversal in GST?
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CBIC – Central Board of Indirect Taxes and Customs
India.gov.in – Official website of Government of India