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GST Calculator

Net PriceRs
GST %%

Gross price

Rs. 11,80,000

CGST Amount

Rs. 90,000

IGST Amount

Rs. 90,000

Total Tax

Rs. 1,80,000

Cost of productionRs
Profit ratio %%
GST %%

Total Production cost

Rs. 11,80,000

CGST Amount

Rs. 1,06,200

IGST Amount

Rs. 1,06,200

Total Tax

Rs. 2,12,400

Cost of goodsRs
Profit ratio%
GST %%

Total Production cost

Rs. 11,00,000

CGST Amount

Rs. 99,000

IGST Amount

Rs. 99,000

Total Tax

Rs. 1,98,000

What is GST?

Goods and Service Tax (GST) is an indirect tax that manufacturers, wholesalers, retailers and consumers have to pay on consumer goods and services. It is a destination-based and multi-stage tax which is charged on every value addition. Passed in the Indian Parliament on 29th March 2017, the act came into effect from July 1, 2017. Replacing all indirect taxes like central excise duty, service tax, customs duty, VAT, Octroi and surcharges, the implementation of GST has simplified the taxation processes for businesses.

Benefits of using a GST calculator?

The GST calculator assists you find out either gross or net product price on percentage-based GST rates. The GST calculator saves time and reduces chances of human error while computing the total cost of goods and services.

How to calculate GST using a GST Calculator?

You can easily use the GST calculator by following the simple steps:

- Enter the net price of a service or good and the GST slabs such as 5%, 12%, 18% and 28% into the tool.

- Click on the ‘calculate’ button and get to know the final or the gross price of goods and service.

GST Calculation formula:

Businesses, manufacturers, wholesalers and retailers can easily calculate GST using the below formula.

Simple GST Calculation
• Add GST:
GST Amount = (Original Cost x GST%)/100
Net Price = Original Cost + GST Amount

• Remove GST:
GST Amount = Original Cost - [Original Cost x {100/(100+GST%)}]
Net Price = Original Cost - GST Amount

Here’s an example to illustrate this:
Suppose if a service or goods is being sold at Rs.500 for which the GST rate is 18%. So, the gross amount of the services and goods will be 500 + {500 + (500 x (18/100) = Rs.590

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