GST Calculator
Instantly estimate your GST by using this calculator.
Total Production Cost
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CGST
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SGST
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Total Tax
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Cost Of Production
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CGST
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SGST
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Total Tax
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Total Production Cost
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CGST
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Total Tax
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How to use this GST Calculator Tool?
How to use Yttags's GST Calculator?
- Step 1: Select the Tool
- Step 2: Select Net Price₹ & GST
- Step 3: Check Your GST Calculator Result
Online GST Calculator Example
Below is an example of the original GST Calculator and the result.
Original GST Calculator ExampleBuyer Example
Net Price : 5,00,000 GST : 10%
And an example of how the online Buyer GST Calculator works.
Buyer ResultTotal Production Cost : ₹ 5,50,000 CGST : ₹ 25,000 SGST : ₹ 25,000 Total Tax : ₹ 50,000Manufacturer Example
Cost Of Production : 1,00,000 Profit Ratio % : 6 GST % : 8
And an example of how the online Manufacturer GST Calculator works.
Manufacturer ResultCost Of Production : ₹ 1,06,000 CGST : ₹ 4,240 SGST : ₹ 4,240 Total Tax : ₹ 8,480Wholesaler Example
Cost Of Goods : 1,00,000 Profit Ratio % : 5% GST % : 10%
And an example of how the online Wholesaler GST Calculator works.
Wholesaler ResultTotal Production Cost : ₹ 1,05,000 CGST : ₹ 5,250 SGST : ₹ 5,250 Total Tax : ₹ ₹ 10,500
About Calculate your GST online
GST calculator is a handy ready-to-use online calculator to compute the GST payable for a month or quarter. The simplified GST calculator helps you determine the gross or net product price on percentage-based GST rates.
Today we will see how to use yttags Tax GST Calculator. The goods and service tax GST is an indirect tax which is levied on supply of goods and services in India. The GST came into effect on 1st July 2017 and it replaced most of India taxes in India. Under GST goods and services are divided into distinct tax rate slabs such as 0%, 5%, 12%, 18% and 28%.
How to calculate GST using yttags Tax GST Calculator?
You can easily use this calculator by following simple steps.
Step 1. Enter the following details.
If you are a buyer or recipient, enter the net price of goods or services. If you are a manufacturer, enter the cost of production and profit ratio. If you are a wholesaler, enter the cost of goods and profit ratio.
Along with above details, also enter the applicable GST rate such as 5%, 12%, 18% or 28%.
Step 2. Click on the calculate button.
yttags Tax GST Calculator displays the tax under each head i.e. CGST amount and SGST amount. Also it displays final or gross price of the goods or services to be billed. If you are doing an interstate transaction, you can add both the CGST and SGST values and consider the result as IGST.
Advantages of GST Calculator
The simplified GST Calculator helps you determine final or gross price of product or service. It helps in accurate bifurcation of tax between CGST and SGST.
The GST Calculator saves time and reduces chances of human error while computing the total cost of goods or services.
Goods and services tax (GST) calculator:
GST tax calculation- GST amount = GST Rate(%) × Net amount
- Gross amount = Net amount × (100% + GST Rate(%))
- Net amount = 100$
- GST Rate = 10%
- GST amount = 10%×100$ = 10$
- Gross amount = 100$×(100%+10%) = 110$
Different forms of GST collected by the government are:
- State GST (SGST): It is collected by State Government
- Central GST (CGST): It is collected by Central Government
- Integrated GST (IGST): It is collected by Central Government for inter-state transactions and imports
- Union Territory GST (UTGST): It is collected by Union Territory Government
GST Calculation Formula
Add GSTGST Amount = ( Original Cost * GST% ) / 100 Net Price = Original Cost + GST AmountRemove GST
GST Amount = Original Cost – (Original Cost * (100 / (100 + GST% ) ) ) Net Price = Original Cost – GST Amount
Examples for understanding GST calculation
| Particulars | Cost | Tax @10% | Tax liability to be deposited to the government | Invoice Total |
|---|---|---|---|---|
| Manufacturer | ₹1,000 | ₹100 | ₹100 | ₹1,100 |
| Warehouse adds ₹250 for labelling & packaging | ₹1,250 | ₹125 | ₹25 | ₹1,375 |
| Advertisement cost of ₹300 added by the retailer | ₹1,550 | ₹155 | ₹30 | ₹1,705 |
| Total | ₹1,550 | ₹1,705 |
| Particulars | Rate(%) | Amount |
|---|---|---|
| Invoice value | 12% | 100,000 |
| GST | 12,000 | |
| Price to be charged on the Invoice | 112,000 |
Calculation of GST by Manufacturers:
| Particulars | Rate(%) | Amount Pre-GST | Amount under GST |
|---|---|---|---|
| Cost of the product | – | 200,000 | 200,000 |
| Profit | 10.00% | 20,000 | 20,000 |
| Excise Duty | 12.50% | 27,500 | Nil |
| Total | – | 247,500 | 220,000 |
| VAT | 12.50% | 30,938 | Nil |
| CGST | 6% | Nil | 13,200 |
| SGST | 6% | Nil | 13,200 |
| Final Invoice to the wholesaler | – | 278,438 | 246,400 |
Calculation of GST by Wholesalers & Retailers:
| Particulars | Rate(%) | Amount Pre-GST | Amount under GST |
|---|---|---|---|
| Cost of the product | – | 278,438 | 246,400 |
| Profit | 10% | 27,844 | 24,640 |
| Total | – | 306,282 | 271,040 |
| VAT (Rs. 306282 x 12.5%) – (Credit on VAT paid above Rs. 30,938) | 12.50% | 7,347 | Nil |
| CGST (Rs. 271040 x 6%) – (Credit on CGST paid above Rs.13,200) | 6% | Nil | 3,062 |
| SGST (Rs. 271040 x 6%) – (Credit on SGST paid above Rs.13,200) | 6% | Nil | 3,062 |
| Final Invoice to the end-consumer | – | 313,629 | 277,164 |
