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Input Tax

Input Tax Report

The Input Tax Report provides a comprehensive record of all input taxes (such as GST, VAT, or other applicable purchase-related taxes) paid by the business on goods and services purchased during a specified period. This report helps businesses track eligible tax credits, reconcile with supplier invoices, and ensure accurate tax filing.

This report is essential for maintaining compliance with tax regulations and for claiming refunds or input tax credits from tax authorities.

Purpose

  • To monitor and track all input taxes paid on purchases and expenses.

  • To assist in preparing and reconciling tax returns.

  • To verify that suppliers have charged the correct tax amounts.

  • To maintain a clear audit trail for compliance and future reference.

Key Features

  • Date-wise Tax Tracking – Lists all input tax entries within a selected date range.

  • Supplier-wise Grouping – Option to view taxes paid per supplier for better analysis.

  • Invoice Linking – Displays the purchase invoice or expense voucher linked to the tax entry.

  • Tax Type Segregation – Breaks down taxes by type (e.g., CGST, SGST, IGST, VAT).

  • Summarized & Detailed View – Ability to see totals by tax type or detailed line items.

  • Export Options – Download in Excel/PDF for filing or internal review.

Report Filters

  • Date Range (From Date – To Date)

  • Supplier / Vendor

  • Tax Type (GST, VAT, etc.)

  • Purchase Category

  • Branch / Location

Columns in the Report

FieldDescription
DateDate of purchase or expense transaction.
Invoice No.Reference number of the purchase invoice or expense voucher.
Supplier NameName of the vendor/supplier.
Tax TypeType of tax (e.g., CGST, SGST, IGST, VAT).
Tax Rate (%)Applicable tax percentage.
Taxable AmountValue of goods/services before tax.
Tax AmountAmount of input tax paid.
Total AmountTotal invoice amount including tax.
StatusIndicates whether the tax credit is pending, claimed, or reconciled.

Sample Data

DateInvoice No.Supplier NameTax TypeTax Rate (%)Taxable AmountTax AmountTotal AmountStatus
05-08-2025PUR-1023ABC SuppliersCGST9%₹25,000₹2,250₹27,250Claimed
05-08-2025PUR-1023ABC SuppliersSGST9%₹25,000₹2,250₹27,250Claimed
10-08-2025PUR-1045XYZ TradersIGST18%₹50,000₹9,000₹59,000Pending
12-08-2025EXP-205Quick ServicesCGST9%₹10,000₹900₹10,900Claimed
12-08-2025EXP-205Quick ServicesSGST9%₹10,000₹900₹10,900Claimed

Use Case Example

  • The finance team downloads the Input Tax Report for August 2025.

  • They cross-check the tax amounts with supplier invoices.

  • They mark the claimed input credits as "Claimed" in the system.

  • At the end of the month, they export the report for GST return filing.