GST Calculator
Quickly calculate GST with our easy-to-use GST Calculator. Add or remove GST for any amount, view GST-exclusive and inclusive prices, and ensure accurate tax calculations for your business needs.”
What is a GST Calculator?
GST Calculator is a simple tool to quickly determine the GST amount on a product or service. This will let you calculate the GST exclusive and GST inclusive prices based on the GST rate with which this GST concept is common in countries like India, Australia, and others where GST is implemented.
About GST
The government and many eminent economists have called the Goods and Services Tax the biggest tax reform in the country. Goods and Services Tax is an indirect tax and under it, equal tax is levied on all goods and services. Before the GST bill was passed, 30 to 35% tax had to be paid on any goods and the tax levied directly or indirectly on some goods was more than 50% but after the introduction of GST, it became the same everywhere i.e. approximately 28%. Now the question arises what is the full form of GST? Friends the full name of GST is Goods and Services Tax. GST is an indirect tax; in this, the persons paying tax get a lot of facilities. Let us know further, with the implementation of the GST bill, market taxes like service tax, entertainment tax, etc. have all been included in GST.
How to Use a GST Calculator
Input the Product/Service Amount
Typically entering the initial product or service cost or value is a good place to start.
It could be GST exclusive (amount before GST), or GST inclusive with GST).
Select GST Rate
Select the GST rate applicable to your region. For example:
In India, the GST rates are 5%, 12%, 18% and 28%.
In Australia, the standard rate of GST is 10%.
For most calculators, there is a dropdown or input field where you can choose or enter the appropriate rate.
Now select the Calculation Type (Add or Remove GST)
Most calculators have two modes:
Add GST: When you have the base price, it calculates the total price inclusive of GST.
Remove GST: If you already have a GST-inclusive price extract the GST component.
View the Results
The calculator will display:
GST Amount: The selected rate GST component.
Total Amount: If you choose to add GST, the total price includes GST.
Base Amount: The GST-free amount if you have decided to remove GST.
You can also calculate for different amounts or rates (Optional).
If you don’t want to recalculate for a different amount, just change the value and see if the result changes.
Example Calculation
Example 1 (Add GST):
Base Amount: £100
GST Rate: 18%
GST Amount: £18
Total Amount: £118
Example 2 (Remove GST):
GST-Inclusive Amount: £118
GST Rate: 18%
Base Amount: £100
GST Amount: £18
Advantages of GST Calculator Usage
Time-Saving: Manual calculations are no longer required to quickly calculate GST.
Error-Free: It reduces the chance of calculation error.
Customizable: It supports multiple GST rates so it’s good for multiple locations.
Deducting VAT from the gross amount.
Gross amount | 20% GST | 10% GST |
---|---|---|
1000 | 833.33 | 909.09 |
500 | 416.67 | 454.55 |
200 | 166.67 | 181.82 |
Inclusive VAT from the gross amount.
Gross amount | 20% GST | 10% GST |
---|---|---|
1000 | 1200 | 1100 |
500 | 600 | 550 |
200 | 240 | 220 |
Our VAT Calculator is very easy to use for everyone. And gives immediate response to VAT calculations.