GSTZen

Form GST ITC – 01

Declaration for claim of input tax credit under sub-section (1) of section 18

Form GST ITC-01 PDF link

ITC-01 Header

ITC-01 Table-1

7) Claim under section 18 (1) (a) or section 18 (1)(b)

Details of stock of inputs and inputs contained in semi-finished goods or finished goods on which ITC is claimed

ITC-01 Table-7

In case it is not feasible to identify invoice, the principle of first-in-firstout may be followed.

8) Claim under section 18 (1) (c) or section 18 (1)(d)

Details of stock of inputs, inputs contained in semi-finished goods or finished goods and capital goods on which ITC is claimed

ITC-01 Table-8

In case it is not feasible to identify invoice, principle of first in and first out may be followed.

The value of capital goods shall be the invoice value reduced by five percentage points per quarter of a year or part thereof from the date of invoice

9) Particulars of certifying Chartered Accountant or Cost Accountant [where

applicable]

a) Name of the Firm issuing certificate b) Name of the certifying Chartered Accountant/Cost Accountant c) Membership number d) Date of issuance of certificate e) Attachment (option for uploading certificate)

10) Verification

ITC-01 Verification