GST Calculator

GST calculator is a simple online service that allows you to calculate GST within a few clicks. With the use of a GST calculator, you may determine the net or gross price of your goods using a percentage-based GST rate. The online GST calculator is simple to use; just enter the values of net price and GST rate to get other figures like the gross price and tax amount.

We at Helptax provide taxpayers with a dedicated and expert GST calculator tool that makes calculating GST simple. By using this GST calculator from Helptax one can easily calibrate the total GST and the differential GST rates.

As soon as you access the GST calculator from Vakilsearch use the following steps to calculate GST online.

• Step 1: Based on the need, choose the GST Inclusive or GST Exclusive option
• Step 2: Type the initial sum in the required field
• Step 3: From the drop-down menu selection, choose the GST rate
• Step 4: To view the outcome, select Calculate

Now the GST calculator will display the overall GST amount including pre and post GST quantity according to the initial request.

• CGST, SGST, and IGST tax slabs may be divided using the GST calculator
• You may determine which tax bracket your transaction falls under
• You can calculate how much tax will be charged on the products or services you are selling or buying
• It saves a lot of time
• Lowers the possibility of mathematical errors and human errors.

• Net Price = Original Cost + GST Amount
• GST Amount = (Original Cost*GST Rate Percentage) / 100.

• The computation of the appropriate taxes has been significantly easier as a result of the indirect taxation regime’s simplicity. Based on whether the transaction is intrastate or interstate, it is now possible to determine the GST rates that apply to the various goods or services.

Formula for intra-state GST taxes

GST may be computed using the formulas below in the case of intrastate transactions:

CGST = applicable GST rate/2

If the GST rate is 28 %, then (28/2 =14 % ) this 14% is CGST.
SGST/UTGST = applicable GST rate / 2.
(for a 28 % rate, SGST is 28/2=14 %).
CGST + SGST / UTGST = Applicable GST Rate

Note: Note: For accurate tax computations, the appropriate GST rate must be multiplied by the GST compensation when applicable.

A straightforward example can help to demonstrate how to calculate GST: If an item or service is sold for ₹1,000 and the applicable GST rate is 18%, the net price will be determined as ₹1,180 or ₹1,000 plus (1,000X(18/100)).

Intrastate GST calculation

For instance, assume that a dealer in chennai transferred products worth ₹50,000 to a dealer in andhra. The single type of tax, the IGST, is included in the 18% tax rate. The merchant must charge IGST of ₹9,000 in this situation. The central government will get these funds.

Interstate GST calculation

A Gujarati customer purchases products from the same merchant for ₹50,000. Goods are subject to a 12 % GST. This percentage includes both CGST and SGST, each at 6%.
Since the sale is within the state the dealer was required to collect ₹6,000 in GST of which ₹3,000 will be collected by the federal government and ₹3,000 to the state government.