GST Calculator

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.

Net Price : 5,00,000
GST : 10%

And an example of how the online Buyer GST Calculator works.

Total Production Cost : ₹ 5,50,000
CGST : ₹ 25,000
SGST : ₹ 25,000
Total Tax : ₹ 50,000

Cost Of Production : 1,00,000
Profit Ratio % : 6
GST % : 8

And an example of how the online Manufacturer GST Calculator works.

Cost Of Production : ₹ 1,06,000
CGST : ₹ 4,240
SGST : ₹ 4,240
Total Tax : ₹ 8,480

Cost Of Goods : 1,00,000
Profit Ratio % : 5%
GST % : 10%

And an example of how the online Wholesaler GST Calculator works.

Total 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 yttag 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 yttag 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.

yttag 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 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

GST Amount = ( Original Cost * GST% ) / 100
Net Price = Original Cost + GST Amount

GST Amount = Original Cost – (Original Cost * (100 / (100 + GST% ) ) )
Net Price = Original Cost – GST Amount

Examples for understanding GST calculation

Calculation of GST by Manufacturers:

Calculation of GST by Wholesalers & Retailers: