GST Calculator
Calculate GST (Goods and Services Tax) inclusive and exclusive amounts easily.
GST Calculator
Result
Net Amount₹ 10,000
GST Amount (18%)₹ 1,800
Total Amount₹ 11,800
What is a GST Calculator?
A GST (Goods and Services Tax) Calculator is a handy tool for businesses and consumers to calculate the tax amount on various goods and services. It helps you determine the 'Net Price' (before GST) and 'Gross Price' (after GST). Whether you want to add GST to a base price or remove GST from a total amount, this calculator handles both inclusive and exclusive calculations instantly.
How It Works
The calculator uses simple percentage formulas. For 'GST Exclusive', it adds the tax percentage to the base amount. For 'GST Inclusive', it reverse-calculates to find the original base price.
Exclusive: GST Amount = (Original Cost * GST%) / 100
Inclusive: GST Amount = Original Cost - [Original Cost * {100 / (100 + GST%)}]
Example Calculation
Scenario
You buy a smartphone worth ₹20,000. The GST rate is 18%.
- 1.Base Price = ₹20,000
- 2.GST Rate = 18%
- 3.GST Amount = (20,000 * 18) / 100 = ₹3,600
- 4.Total Price to Pay = ₹23,600
Why This Tool is Useful
- ✓Helps businesses generate accurate invoices.
- ✓Assists buyers in understanding the tax component in MRP.
- ✓Supports all standard GST slabs (5%, 12%, 18%, 28%).
- ✓Prevents calculation errors in tax filing.
- ✓Useful for reverse charge mechanism calculations.
Tips & Comparison
- •GST Slabs: Common slabs are 5% (Essentials), 12% & 18% (Standard Goods/Services), and 28% (Luxury/Sin Goods).
- •Input Tax Credit (ITC): Businesses can claim credit for the GST paid on purchases against the GST collected on sales.
- •Inclusive vs Exclusive: Always check if the price quoted to you is 'plus GST' or 'including GST'.
- •HSN Code: Ensure you use the correct GST rate based on the HSN/SAC code of the product or service.