ITC apportionment working, Rules 42 and 43
A single format from the Sector Working Formats pack. healthcare, education, agriculture, financial services · monthly.
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- 14 September 2026
What it covers
- 1ITC apportionment working, Rules 42 and 43healthcare, education, agriculture, financial services · monthly
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ITC APPORTIONMENT — [Month YYYY]
Particulars | Amount (₹) | Working |
|---|---|---|
Total turnover for the period | [__] | [__] |
Exempt turnover | [__] | [__] |
Exempt ratio | [__%] | exempt ÷ total |
Total input tax on inputs and input services | [__] | [__] |
Less: exclusively for non-business use | [__] | [__] |
Less: exclusively for exempt supplies | [__] | [__] |
Less: blocked under s.17(5) | [__] | [__] |
Less: exclusively for taxable supplies | [__] | [__] |
Common credit | [__] | balance |
Common credit to be reversed | [__] | common credit × exempt ratio |
Reversal on capital goods (Rule 43) | [__] | [__] |
Total reversal for the month | [__] | reported in 3B Table 4(B) |
An annual recomputation is required, with any shortfall or excess adjusted within the prescribed time. Confirm the current mechanism before applying it. VERIFY