Don't Leave Your GST Credit on the Table — Claim Every Rupee You're Entitled To
Input Tax Credit (ITC) is the mechanism under GST that allows businesses to offset the GST paid on purchases against the GST collected on sales — reducing the actual tax outflow significantly. ITC is one of the most powerful and most mismanaged aspects of GST compliance. Incorrect claims, missed eligible credits, or claims on blocked credits can result in demand notices, penalties, and interest at 24% per annum.
ITC Advisory involves a structured review of your purchase register, supplier compliance status (whether your suppliers are filing their returns and reflecting your invoices correctly in GSTR-1), GSTR-2B matching, identification of blocked credits (Section 17(5)), and proactive strategies to maximise legitimate ITC claims — including ITC on capital goods, input services, and reverse charge payments.
At VITTAX, our ITC specialists perform a monthly deep-dive into your ITC position — reconciling your purchase data against GSTR-2B, flagging non-compliant suppliers, estimating unclaimed credits, and advising on how to restructure procurement to maximise credit flow. For businesses with large purchase volumes, this service can save lakhs every year in otherwise lost or incorrectly credited input tax.
Who Needs ITC Advisory?
What's Included?
Pricing
Basic ITC Review
₹1,499/month
Monthly 2A/2B reconciliation
Ideal for: SMEs and traders wanting monthly ITC accuracy assurance
Advanced ITC Optimisation
₹3,999/month
Full ITC strategy + supplier management
Ideal for: Manufacturers, large traders, and businesses with complex ITC structures
Frequently Asked Questions
What are blocked credits under Section 17(5)?
Section 17(5) lists specific goods/services on which ITC cannot be claimed even if used for business — including motor vehicles (with exceptions), food and beverages, beauty treatments, club memberships, works contract services for immovable property, and goods/services for personal use. VITTAX ensures your team does not accidentally claim ITC on these.
What happens if my supplier doesn't file GSTR-1?
If your supplier doesn't file GSTR-1, your purchase invoice won't appear in GSTR-2B, and technically you cannot claim ITC on that purchase. You must either follow up with the supplier or reverse the ITC. VITTAX tracks supplier compliance and alerts you in time to take corrective action.
Can I claim ITC on purchases made before GST registration?
Yes — for goods held in stock on the date of registration, ITC can be claimed in the first return. For capital goods, ITC is available on the remaining useful life. VITTAX helps you make the correct claim and avoid excess credit recovery demands.
⚡ Key ITC Rules
Book an ITC Audit with VITTAX → We reconcile, optimise, and protect your input tax credit every month