GST Calculator
can help you calculate GST online in India. GST stands for Goods and Services Tax,
which is a unified indirect tax system that applies to the supply of goods and services in the country. GST has four different tax slabs: 5%, 12%, 18%, and 28%. Some goods and services are exempt from GST or have a zero rate.
To calculate GST, you need to know the original cost of the product or service, the GST rate applicable, and whether you want to find the GST inclusive or exclusive amount. You can use one of the following formulas:
- To add GST to the original cost, use this formula: GST Amount = (Original Cost x GST%) / 100; Net Price = Original Cost + GST Amount
- To remove GST from the original cost, use this formula: GST Amount = Original Cost - (Original Cost x (100 / (100 + GST%))); Net Price = Original Cost - GST Amount
For example, if you want to buy a product that costs Rs. 500 and has a GST rate of 18%, you can use the first formula to find the GST amount and the net price. The GST amount will be (500 x 18) / 100 = Rs. 90. The net price will be 500 + 90 = Rs. 590.
Alternatively, you can use one of the online GST calculators that I have found for you. These are web-based tools that allow you to enter the original cost, the GST rate, and the type of calculation (inclusive or exclusive) and get the result instantly. Here are some of the online GST calculators that you can use:
- [GST Calculator: Calculate Your GST Amount Online - Paisabazaar.com](1): This is a user-friendly tool that lets you find the pre-GST and post-GST amounts based on specific tax slabs. You can also learn more about what is GST, how it is calculated, and how to use their tool¹.
To calculate GST, you need to know the original cost of the product or service, the GST rate applicable, and whether you want to find the GST inclusive or exclusive amount. You can use one of the following formulas:
- To add GST to the original cost, use this formula: GST Amount = (Original Cost x GST%) / 100; Net Price = Original Cost + GST Amount
- To remove GST from the original cost, use this formula: GST Amount = Original Cost - (Original Cost x (100 / (100 + GST%))); Net Price = Original Cost - GST Amount
For example, if you want to buy a product that costs Rs. 500 and has a GST rate of 18%, you can use the first formula to find the GST amount and the net price. The GST amount will be (500 x 18) / 100 = Rs. 90. The net price will be 500 + 90 = Rs. 590.
Alternatively, you can use one of the online GST calculators that I have found for you. These are web-based tools that allow you to enter the original cost, the GST rate, and the type of calculation (inclusive or exclusive) and get the result instantly. Here are some of the online GST calculators that you can use:
- [GST Calculator: Calculate Your GST Amount Online - Paisabazaar.com](1): This is a user-friendly tool that lets you find the pre-GST and post-GST amounts based on specific tax slabs. You can also learn more about what is GST, how it is calculated, and how to use their tool¹.
- [TaxAdda Indian GST Calculator](2): This is a simple tool that lets you calculate the GST amount and the net price for any product or service. You can also download their app for Android devices².
- [GST Calculator - India - Calculate GST Online](3): This is a comprehensive tool that lets you calculate GST for different types of transactions, such as buyer, manufacturer, or retailer/wholesaler. You can also find out the CGST, SGST, and IGST amounts for each transaction³.
- [GST Calculator - Calculate GST Online in India | Bajaj Finserv](4): This is a professional tool that lets you calculate GST for any product or service with ease. You can also access their other financial calculators and services⁴.
I hope this helps you with your GST calculation.