Net Input Tax Credit

(17) Net Input Tax Credit: The net input tax credit to which a registered dealer is entitled shall be determined by the formula: Net Input Tax Credit = A+B-C Where A = the amount of input tax credit the dealer is entitled to under sub-section (2). B = tax credit as determined under sub-section (10) and sub-section (14) of this Section. C = reverse tax credit as determined under sub-section (16) of this Section.