GST Calculator – Calculate Inclusive & Exclusive Tax
Goods and Services Tax (GST) is a comprehensive indirect tax levied on the manufacture, sale, and consumption of goods and services throughout India. Whether you are a business owner, a freelancer, or a consumer, calculating GST accurately is essential for billing and budgeting. Our GST Calculator helps you determine the tax amount for both inclusive and exclusive prices instantly.
What is GST?
GST, implemented on July 1, 2017, replaced multiple indirect taxes like VAT, excise duty, and service tax. It follows a "One Nation, One Tax" model. The tax is levied at every stage of the supply chain, but the final consumer bears the cost. GST is categorized into three types:
- CGST (Central Goods and Services Tax): Collected by the Central Government on intra-state sales.
- SGST (State Goods and Services Tax): Collected by the State Government on intra-state sales.
- IGST (Integrated Goods and Services Tax): Collected by the Central Government on inter-state sales.
How to Use This GST Calculator?
Our calculator simplifies the process by offering two modes:
- Add GST (Exclusive): Use this when you have the base price and want to add tax to it (e.g., creating an invoice).
Formula: Total = Base Price + (Base Price × Rate%)
- Remove GST (Inclusive): Use this when you have the final MRP (Maximum Retail Price) and want to find out the original base price and the tax component.
Formula: Base Price = Total / (1 + Rate%)
GST Tax Slabs in India
Goods and services in India are taxed under four primary slabs:
- 5%: Essential items like food grains, milk, medicines.
- 12%: Processed foods, mobile phones, apparels above ₹1000.
- 18%: Most consumer goods, electronics, IT services, restaurants (Standard Rate).
- 28%: Luxury items, automobiles, tobacco, aerated drinks.
- 0%: Exempted goods like fresh vegetables, milk, eggs.
Benefits of an Online GST Calculator
- Accuracy: Eliminates manual calculation errors.
- Speed: Provides instant results for billing and quotations.
- Reverse Calculation: Easily find the pre-tax price from the MRP using the inclusive mode.
- Planning: Helps businesses set competitive pricing by understanding the tax impact.
Frequently Asked Questions (FAQs)
What is the difference between Exclusive and Inclusive GST?
Exclusive GST means the tax is added on top of the product price (Price + Tax = Total). Inclusive GST means the tax is already included in the final price (Total = Price + Tax component inside).
How do I calculate 18% GST on ₹10,000?
If adding GST: 10,000 × 18% = ₹1,800. Total = ₹11,800.
If removing GST from ₹10,000 (Inclusive): 10,000 × (18/118) = ₹1,525.42 (Tax). Base Price = ₹8,474.58.
Who needs to pay GST?
Businesses with an annual turnover exceeding ₹40 Lakhs (₹20 Lakhs for services and special category states) are required to register for GST and collect it from customers.
What is the formula for Reverse GST Calculation?
To find the tax amount from a total inclusive price:
GST Amount = Total Price - [Total Price × {100 / (100 + Rate)}]
Is GST applicable on exports?
Exports are generally treated as zero-rated supplies, meaning no GST is levied on goods or services exported out of India.
Disclaimer: This GST Calculator is a tool for quick estimation only. While we strive for accuracy, tax laws and rates are subject to change by the GST Council. Please verify with a tax consultant or official government sources for filing returns.
