GST Calculator

Calculate goods and services tax (GST) online and easily
Price Type
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One-time
Monthly SIP
1,00,000
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CUSTOM CSS
Actual Price
GST
Total GST
28,70,000
Pre GST Price:
20,00,000

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What is a GST Calculator?

A GST (Goods and Services Tax) Calculator is an easy-to-use online tool designed to help you calculate the GST amount on various goods and services. Whether you're a buyer or a seller, this calculator simplifies the process of determining the tax component involved in transactions, making it easier to determine the total cost or the net price of items once GST is accounted for.

How Does a GST Calculator Work?

A GST Calculator operates by applying a simple formula to determine the GST amount and the final price of a product or service. The basic formula used is:

Where GST is excluded:

GST Amount = (Value of supply x GST%)/100
Price to be charged = Value of supply + GST Amount

Where GST is included in the value of supply:

GST Amount = Value of supply – [Value of supply x {100/(100+GST%)}]

How to Use a GST Calculator

Using a GST calculator can help calculate tax liabilities and prove to be a valuable tool for individuals and businesses to manage their sales, purchases, and tax compliance more effectively.
Input original cost
Start by entering the price of the product or service before GST.
01
Enter GST rate
Input the GST rate applicable to the product or service. This rate varies depending on slabs set by the tax authorities.
02
Calculate GST
The calculator will display the GST amount and the total price, including GST.
03

Advantages of a GST Calculator

Using a GST calculator to determine the Goods and Services Tax comes with the following benefits:
Accuracy
Ensures that you calculate the exact amount of GST payable, eliminating human errors that can occur with manual calculations.
Efficiency
Saves time by quickly providing the GST calculations, especially during billing or when managing multiple transactions.
Ease of use
The calculator is user-friendly and can be used by anyone without needing an advanced understanding of the GST laws and regulations.
Helpful for budgeting
By knowing the total cost, including GST, businesses and consumers can better manage their budgets and plan their expenses or pricing strategies accordingly.

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80,000+ NRIs
trust Vance

Vance is the preferred app among 80,000+ NRIs in the UK and UAE for sending money to India. Download vance today.
Get started now

Frequently Asked Questions

How does the GST Calculator determine the amount of Goods and Services Tax (GST) I must pay?

The GST Calculator determines the GST amount by multiplying the original cost of the goods or services by the applicable GST rate and then dividing by 100. This calculation gives the tax amount that will be added to the original price to arrive at the total cost, including GST.

What information do I need to input into the GST Calculator to get accurate results?

To get accurate results from a GST Calculator, you need to input:
  • Original Cost: The price of the product or service before tax.
  • GST Rate: The percentage of GST that applies to the product or service, which can vary depending on the item and jurisdiction.

Can the GST Calculator handle different GST rates for various goods and services?

Yes, most GST Calculators allow you to input different GST rates as needed. This flexibility is essential because different types of goods and services can be taxed at varying rates depending on national or regional tax laws.

How accurate are the calculations provided by the GST Calculator?

The accuracy of a GST Calculator depends on the accuracy of the inputs (original cost and GST rate). If the correct figures are entered, the calculator should provide precise calculations of the GST amount and the total cost, including GST.

Can I use the GST Calculator to calculate GST for both individual items and total invoices?

Yes, a GST Calculator can be used to calculate GST for both individual items and total invoices. You can input the total amount of an invoice to calculate the overall GST or calculate the GST for individual items to see the tax for each.

Does the GST Calculator consider any exemptions or special cases in GST calculations?

Most basic GST Calculators do not automatically consider exemptions or special cases unless specified in their features. For items that are exempt from GST or fall under special tax rules, manual adjustments may be necessary unless the calculator is specifically designed to handle such scenarios.

Can I compare the GST amounts for different scenarios using the GST Calculator?

Yes, you can use the GST Calculator to compare GST amounts for different scenarios by changing the inputs, such as the original cost or the GST rate. This can be particularly useful for financial planning and decision-making, allowing you to see how changes in prices or tax rates affect the overall cost.

Learn more about Taxation

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What is a Home Loan EMI Calculator?

Owning a home is not just a milestone but a dream for many. This is why - an EMI calculator for home loans is a crucial tool when you’re planning to buy a home. It’s an online tool that helps you figure out how much you'll need to pay each month towards your home loan. This gives you a clear picture of your monthly payments so you can plan your budget comfortably and see if the loan fits into your financial landscape without stretching it too thin.

How Does a Home Loan EMI Calculator Work?

Vance’s home Loan EMI calculator uses a mathematical formula that is designed to distribute the interest and principal amount over time so that by the end of the loan period, you've paid off everything smoothly. To calculate EMI for home loans, here’s the formula: 

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Benefits of NRI FD Calculator

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