Free GST Calculator
GST or the Goods and Services Tax is an indirect tax that came into effect in India on the 1st of July, 2017. GST is levied on goods and services and has replaced other indirect taxes that were in effect before it came into use.
Need Expert Help?
Your gateway to wealth creation. Join the millions investing in Mutual Funds.
+91
The Goods and Services Tax (GST) is an essential part of every transaction in India, and accurate calculation of GST is key to understanding the tax impact on your purchases and business operations. Whether you’re a consumer or a business, our GST Calculator makes it simple to calculate your taxes in just a few clicks.
Use TaxSpanner’s GST Calculator Online
TaxSpanner’s GST Calculator in India helps you determine the correct GST amount quickly and efficiently. With this tool, you can:
- Calculate the GST to be added to a product’s original price.
- Deduct GST from an inclusive price to find the original cost of a product or service.
Just input the original price and the applicable GST percentage, and get instant, accurate results!
How to Calculate GST Using TaxSpanner’s Calculator?
We provide you with the GST Calculation Formula for both adding and removing GST:
- For Adding GST:
- Formula : GST Amount = (Price x GST%)
- Net Price : Cost of the product + GST Amount
- For Removing GST:
- Formula : GST = Original Cost – [Original Cost x {100 / (100 + GST%)} ]
- Net Price : Original Cost – GST
Example: If a product costs Rs. 100 and GST is 18%, the GST amount will be Rs. 18. The final price you pay will be Rs. 118.
Example: For a product priced at Rs. 118 with 18% GST, the original price is Rs. 100.
Why Use TaxSpanner’s GST Calculator?
- Accurate GST Calculation: Get the precise amount of tax to be added or deducted.
- GST Interest Calculator: Calculate the interest on delayed GST payments with ease.
- Saves Time: Eliminate the hassle of manual calculations and make sure transparency.
- Stay Fraud-Proof: Be an informed consumer or business by knowing exactly how much tax you are paying.
GST Inclusive vs. Exclusive Prices
- GST Inclusive: The tax is already included in the product’s price.
- GST Exclusive: The GST amount is calculated separately and added to the original cost of the product.
Why Choose TaxSpanner for GST Calculation?
With GST simplifying India’s tax structure, it’s crucial for businesses and consumers to stay on top of their taxes. TaxSpanner brings you the perfect tool to calculate your GST quickly and accurately. Our online GST calculator makes sure you’re aware of your tax liability, protecting you from potential overpayments and fraud.
Start Using the TaxSpanner GST Calculator Today!
Calculate your taxes seamlessly and get guaranteed accuracy while taking control of your GST payments in just a few clicks.
