GST Calculator
Calculate tax amount, inclusive and exclusive prices with customizable tax rates
GST Calculation
Common Tax Rates:
- • 0% - Essential items
- • 5% - Basic necessities
- • 12% - Standard goods
- • 18% - Most goods and services
- • 28% - Luxury items
Tax Breakdown
Tax Breakdown
For Intra-State Supply:
For Inter-State Supply:
Note: CGST + SGST applies for intra-state transactions. IGST applies for inter-state transactions.
Disclaimer
These are computer-generated calculations for informational purposes only. Actual tax calculations may vary based on specific product categories, exemptions, and government policies. Please consult with a tax professional for accurate GST calculations. The calculations may not be 100% accurate and should not be the sole basis for financial planning.
What is a GST Calculator?
A Tax calculator is a tool that helps businesses and individuals calculate tax amounts, inclusive and exclusive prices for goods and services. It automatically computes different tax components based on the transaction type and tax rate.
Value-added taxes are indirect taxes levied on the supply of goods and services. These tax systems often replace multiple indirect taxes, creating unified tax structures.
How to Calculate GST
GST Exclusive Calculation (Add GST)
When you have the base price and need to add GST:
GST Amount = (Base Price × GST Rate) / 100
Total Price = Base Price + GST Amount
Example: Base price 1,000 with 18% tax
Tax Amount = (1,000 × 18) / 100 = 180
Total Price = 1,000 + 180 = 1,180
GST Inclusive Calculation (Remove GST)
When you have the total price and need to extract GST:
Base Price = Total Price / (1 + GST Rate/100)
GST Amount = Total Price - Base Price
Example: Total price 1,180 with 18% tax
Base Price = 1,180 / (1 + 18/100) = 1,000
Tax Amount = 1,180 - 1,000 = 180
Common Tax Rate Structure
0% GST Rate
Essential commodities like rice, wheat, fresh fruits, vegetables, milk, eggs, and educational services are exempt from GST.
5% GST Rate
Household necessities including sugar, tea, coffee, spices, coal, medicines, transport services, and small restaurants with lower turnover thresholds.
12% GST Rate
Processed foods, ayurvedic medicines, mobile phones, computers, business class air tickets, and fertilizers.
18% GST Rate
Most goods and services including soaps, toothpaste, hair oil, capital goods, industrial intermediaries, and restaurants with AC.
28% GST Rate
Luxury items including automobiles, consumer durables, high-end consumer goods, tobacco products, and aerated drinks.
Types of GST
CGST (Central GST)
- Collected by Central Government
- Applied on intra-state transactions
- Rate is half of total GST rate
- Revenue goes to Central Government
SGST (State GST)
- Collected by State Government
- Applied on intra-state transactions
- Rate is half of total GST rate
- Revenue goes to respective State Government
IGST (Integrated GST)
- Applied on inter-state transactions
- Collected by Central Government
- Rate equals total GST rate
- Revenue shared between Center and States
UTGST (Union Territory GST)
- Applied in Union Territories
- Similar to SGST for UTs
- Collected by UT Administration
- Used alongside CGST for intra-UT transactions
GST Calculator Applications
Business Operations
- Invoice preparation and billing
- Price quotation to customers
- Input tax credit calculations
- GST return filing preparation
Financial Planning
- Budget planning with GST impact
- Cost analysis for procurement
- Pricing strategy development
- Tax liability estimation
Compliance Management
- Accurate tax calculation for compliance
- Audit preparation and verification
- Record keeping for tax authorities
- Penalty avoidance through correct calculations
Consumer Benefits
- Understanding actual product cost
- Comparing prices across vendors
- Verifying bill accuracy
- Making informed purchase decisions
Frequently Asked Questions
What is the difference between CGST, SGST, and IGST?
CGST and SGST are applied together on intra-state transactions (within the same state), each at half the GST rate. IGST is applied on inter-state transactions (between different states) at the full GST rate.
How do I know which GST rate applies to my product?
GST rates are determined by HSN (Harmonized System of Nomenclature) codes for goods and SAC (Services Accounting Code) for services. Check the official GST rate schedule or consult a tax professional for specific classifications.
Can GST rates change?
Yes, the GST Council can revise GST rates based on economic conditions and policy requirements. Businesses should stay updated with the latest rate notifications from the government.
Is GST applicable on all goods and services?
Most goods and services are subject to GST, but some items like petroleum products, alcohol, and certain agricultural products are exempt or have special provisions. Essential items often have lower rates or exemptions.
How does GST affect pricing for consumers?
GST is ultimately borne by the end consumer. While some prices may have increased due to GST, the elimination of cascading taxes (tax on tax) has made many products cheaper compared to the previous tax regime.
What is input tax credit in GST?
Input tax credit allows businesses to claim credit for GST paid on purchases against GST collected on sales. This prevents double taxation and reduces the overall tax burden on businesses.