Total Eligible Credit evaluator uses Total Eligible Credit = Total Itc-(Itc for Personal Expenses+Itc for Exempted Supplies+Non Eligible Itc) to evaluate the Total Eligible Credit, Total Eligible Credit is the tax paid during the initial purchase of goods that reduces the tax liability while selling the goods or services. Total Eligible Credit is denoted by TEC symbol.
How to evaluate Total Eligible Credit using this online evaluator? To use this online evaluator for Total Eligible Credit, enter Total Itc (TITC), Itc for Personal Expenses (IPE), Itc for Exempted Supplies (IES) & Non Eligible Itc (NEI) and hit the calculate button.