GST Calculator

Comprehensive GST Calculator: Calculate Tax on Indian Goods and Services

GST (Goods and Services Tax) is a comprehensive, multi-stage, destination-based tax that is levied on every value addition in India. This guide will explain how GST is calculated, its types, and provide examples of intra-state and inter-state transactions.

Types of GST in India

GST is categorized into two 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.

How GST is Calculated

GST can be calculated using the following simple formulas:

Example Calculations

Here are some examples to illustrate the calculation:

Example: Intra-state Transaction (CGST + SGST)

Conclusion

Understanding how GST is calculated is crucial for businesses and consumers in India. It ensures transparency and uniformity in the taxation system. By using the GST Calculator, one can easily determine the applicable GST and the total cost of goods and services.