GST Refund Calculator

Maximum refund of unutilised input tax credit — for zero-rated exports under LUT, or for an inverted duty structure under Rule 89(5).

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Inputs (₹)

Turnover of zero-rated supply

Net ITC (ITC availed in the period)

Adjusted total turnover

Maximum refund

₹0

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Working

Indicative. Exports/LUT: refund = (zero-rated turnover × Net ITC) ÷ adjusted total turnover. Inverted duty (Rule 89(5)): refund = {(inverted turnover × Net ITC) ÷ adjusted total turnover} − {tax payable on inverted supply × (Net ITC ÷ ITC on inputs & input services)}. "Net ITC" excludes credit on capital goods. Confirm the period figures.