Use our simple GST calculator to work out how much you should charge your clients, wherever they are in the world. Input your amount and the rate of GST you’ll be charging, select whether you want to include or exclude GST, and the calculator will do the rest. If you provide goods and services in Australia, you need to calculate how much GST is added to the base price of your offerings. GST inclusive amount refers to the total value of the product after including the GST amount in the original value of the product. If you’re looking for help, download our free guide to better understand GST. Using an accounting software is recommended to help any small business automate their GST calculations.

Since the introduction of GST, taxpayers can understand the taxes applied on goods and services at different stages of the production cycle. To calculate GST you’ll need to know which GST slab the product fits into. For calculating GST, the taxpayer should know the GST rate applicable to various categories. We, at Paisabazaar offer taxpayers a dedicated and professional GST Calculator tool that helps in easy calculation of GST. Taxpayers who want to calculate GST with the differential GST rate can use our tool.

Streamline Your Tax Calculations With The GST, CGST, And SGST Calculator

The Central Government passed the GST Act in the Budget Session in 2017 that was approved by the Parliament on March 29, 2017. Some of the indirect taxes that were abolished were Central Excise Duty, VAT, Entry Tax and Octroi. Virtually anyone with a small business or sole trader gig in Australia will have to pay attention and learn how to calculate GST. House Rent Allowance (HRA) based on salary, rent paid, and location for income tax purposes.

GST is a comprehensive tax levied on the manufacture, sale and consumption of goods and services in the country. Different small and large organizations are required to have a GST Identification Number to get registered under GST policy. When any kind of sales transaction is made within states (Inter-state), Integrated GST is charged. And for any intra-state sales, Central GST and State GST are levied. Goods and Services Tax or GST refers to the indirect tax levied on the supply of goods and services. From July 1, 2017, GST came up as single taxation system in  India and replaced all the indirect taxes in the country.

GST Calculator

1. And for any intra-state sales, Central GST and State GST are levied.
2. Goods and Services Tax or GST refers to the indirect tax levied on the supply of goods and services.
3. If you provide goods and services in Australia, you need to calculate how much GST is added to the base price of your offerings.
4. With Wise you get the real mid-market exchange rate every time, with no markups and no hidden fees.
5. When any kind of sales transaction is made within states (Inter-state), Integrated GST is charged.
6. Input your amount and the rate of GST you’ll be charging, select whether you want to include or exclude GST, and the calculator will do the rest.

Understand how your money is growing with the powerful tool of Simple Interest and Compound interest Calculator. If you need to make payments abroad to pay international invoices, suppliers or freelancers, you could be better off with Wise. We give you the same exchange rate you see on Google, no hidden markup fees.

What is the difference between CGST, SGST, and IGST?

Wise works with a local bank partner to offer the service in India with the approval of the Reserve Bank of India. Wise business accounts are not yet available for companies registered in India. With Wise you get the real mid-market exchange rate every capital expenses and your business taxes time, with no markups and no hidden fees. There’s just a low , transparent charge which can work out much cheaper than your regular bank, or alternatives like PayPal. The GST slabs are currently set at 5%, 12%, 18% and 28% for most goods and services.

To calculate IGST, just multiply the taxable amount by the appropriate GST rate. For an intra-state transaction, you’ll need to calculate CGST & SGST/UTGST. In this case, the sum of CGST and SGST/UTGST is equal to the total GST amount.

If you’re a small business owner or getting yourself off the ground in the self-employed game, you need to know how to work out GST. The RD Calculator helps you compute the maturity amount of your Recurring Deposit (RD) by entering the monthly investment amount, tenure, and interest rate. The Salary Calculator helps you break down your gross salary into net pay, deductions, and benefits, providing a clear picture of your take-home salary. The NPS Calculator helps you estimate your NPS returns and the total pension corpus based on your contributions and expected rate of return. This method provides a quick way for manufacturers to calculate CGST and SGST. Try Wise today, to see how simple it is to access international payments for less.

GST Exclusive amount refers to the value of the product by subtracting the GST amount from the GST Inclusive value of the product. TaxAdda started in 2011 by Rohit Pithisaria and currently providing all types of services related to Income Tax, GST, Accounting to clients all over India. Select GST rate and enter any two values to calculate the third one.