Supplier bills & GST input credit
Vendor Bills & Input Tax Credit (ITC)
Record supplier bills, track business expenses, and offset input tax credits against customer sales GST.
1. Output GST (Sales)
₹57,977
Collected on customer invoices
2. Input Tax Credit (ITC)
₹41,220
Eligible claim from purchase bills
3. Net GST Payable to Govt
₹16,757
Output GST minus Input ITC
Total Payables Due
₹2,07,680
Outstanding to vendors