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Loan EMI Calculator

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GST Calculator

Calculate GST instantly. Supports both Inclusive and Exclusive tax calculations for accurate billing.

GST Calculator

Goods and Services Tax

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โ‚น10,000
100100000000
%
18%
050

Net Amount

โ‚น0

GST Amount

โ‚น0

Total Amount

โ‚น0

Understanding GST (Goods and Services Tax)

GST is a destination-based tax on consumption of goods and services. It is levied at all stages right from manufacture up to final consumption with credit of taxes paid at previous stages available as set-off.

One Nation, One Tax

GST has unified the Indian market by replacing a cascade of indirect taxes, making compliance easier and reducing the overall tax burden on goods.

Input Tax Credit

Businesses can claim credit for the tax paid on inputs used in the business, which prevents the cascading effect of taxes (tax on tax).

GST Calculation Formula

Adding GST (Exclusive)

GST Amount = (Original Cost ร— GST Rate) / 100
Net Price = Original Cost + GST Amount

Example: Product Cost = โ‚น1,000, GST = 18%
GST = (1000 ร— 18) / 100 = โ‚น180
Total Price = โ‚น1,180

Removing GST (Inclusive)

GST Amount = Original Cost - [Original Cost ร— (100 / (100 + GST Rate))]
Net Price = Original Cost - GST Amount

Example: Total Price = โ‚น1,180, GST = 18%
GST = 1180 - [1180 ร— (100/118)] = 1180 - 1000 = โ‚น180
Original Cost = โ‚น1,000

Frequently Asked Questions (FAQs)