Note: - Where the registered person does not have any turnover during the said tax period, then such value shall be calculated using the value of last tax period for which turnover are available.
Calculation of common credit pertaining to capital good will be done as paras (c), (d) and (e) of rule 8 of the ITC Rules.
Step No. 3 : Total Eligible Input Credit
Input Credit transfer to e-credit ledger under Step No.1 minus (-) amount of ITC reversal required under Step No. 2.
1. The total amount eligible for input credit shall be computed separately for input tax credit of Central tax, State tax, Union territory tax and integrated Tax.