Tax Liability & ITC Summary

FY 2025–26 · Output tax, input tax credit, and net payable position

Last updated: 21 May 2026, 2:14 PM

₹2.3L

Total Output Tax

₹25.1L

Apr 25 – Mar 26 (FY 2025-26)

vs FY 2024-25

₹1.8L

ITC Claimed

₹18.4L

CGST ₹7.4L · SGST ₹7.4L · IGST ₹3.6L

More ITC vs last year

₹0.5L

Net Tax Payable

₹6.7L

Paid via challan: ₹6.2L · Balance: ₹0.5L

Balance still due

ITC Mismatch

₹42,800

GSTR-2B vs books — 3 vendors causing gap

Reconcile before next 3B filing to avoid reversal

Monthly Liability vs ITC Trend

Output tax liability stacked by rate vs ITC claimed — FY 2025-26

ITC Utilisation Rate

Monthly ITC available vs claimed

Tax Rate Breakdown

GST 28%Net: ₹1.09L

Output

₹3.07L

ITC

₹1.98L

GST 18%Net: ₹7.65L

Output

₹18.89L

ITC

₹11.24L

GST 12%Net: ₹0.74L

Output

₹3.86L

ITC

₹3.12L

GST 5%Net: ₹0.59L

Output

₹2.65L

ITC

₹2.06L

Total Output Tax₹25.10L
Total ITC Claimed₹18.40L
Net Payable₹6.70L

GSTR-2B vs Books Reconciliation

Apr 2026 · Total ITC mismatch: ₹42,800

VendorGSTINAs per BooksAs per 2BDifferenceITC at RiskStatus
Tata Steel Ltd.27AAACT2727Q1ZA2,84,2002,84,200 Matched
Reliance Industries27AAACR5055K1ZA1,42,8001,42,800 Matched
Infosys BPM Ltd.29AABCI1681J1ZP87,60062,40025,20025,200 Mismatch
Wipro Ltd.29AAACW0035L1ZX64,20064,200 Matched
Bajaj Auto Ltd.27AAACB4849M1ZO38,40021,80016,60016,600 Mismatch
Larsen & Toubro27AAACL0548P1ZE1,98,7001,98,700 Matched
HDFC Bank Ltd.27AADCH0465R1Z512,40011,4001,0001,000 Mismatch
Asian Paints Ltd.27AAACA8719H1ZB54,30054,300 Matched