GST Calculator


Online GST Calculator

Get your pre-GST and post-GST amount calculated superfast with Paisabytes’ GST calculator on the basis of specific GST rates/ slabs.

GST calculator is a quick, easy, and ready-to-use online calculator for computing a month’s or quarter’s GST payable. Paisabytes GST calculator can be used by various kinds of users, for e.g., retailers, buyers, and wholesalers.

Our GST calculator is accurate and time-saving. The GST calculator can help you estimate both the gross and net product price on percentage-based GST rates.

Save yourself from tedious and hectic GST calculations, tune in here anytime you want to get your GST calculated easily.

What is GST?

GST stands for Goods and Services Tax. GST is an indirect value-added tax imposed on the supply of goods and services in India. It is a multi-stage, destination-based, and all-inclusive tax levied on all the value addition.

GST first came into effect on 1st July 2017 and has been a successful replacement for most of the indirect taxes in India. The goods and services are categorized into 5 different tax slabs under GST: 0%, 5%, 12%, 18% and 28%.

How is the GST Calculated?

Since GST is a unified system for taxation, taxpayers can now easily figure out the levied tax on different goods and services at different points. First of all, for the GST calculations, a taxpayer should know the GST rate applicable to specific categories.

As mentioned above, there are 5 different GST slabs, which are 0%, 5%, 12%, 18% and 28%.

The next step after gathering the above information is to perform GST Calculation using the following formula:

  •  When GST is excluded in the supply value:

GST Amount = (Original Price x GST Slab %) / 100

Final Price = Original Price + GST Amount

  • When GST is included in the supply value:

GST Amount = Original Price – [Original Price x {100 / (100 + GST Slab %)}]

How to Use Paisabytes GST Calculator?

Using Paisabytes GST Calculator is super easy. You just need to follow 2 simple steps:

Step 1: Provide us the following details: Original Price and the GST Slab %.

Step 2: The Calculated GST along with the Final Price (including GST) will be shown to you.

The GST inclusive amount would comprise the product’s final value after including the GST amount in the product’s original value. No other tax is charged separately from the customers.

Types of GST in India

GST is laid in India with the vision of a one-nation one-tax regime. Thus, it incorporates all the erstwhile taxes in the state such as VAT, luxury tax, purchase tax, etc.

GST is categorized into 4 types to differentiate between union territories, intra, and inter-state supplies to lessen indirect taxes.

The 4 types of GST in India are:

  1. SGST: State Goods and Services Tax.
  2. CGST: Central Goods and Services Tax.
  3. IGST: Integrated Goods and Services Tax.
  4. UGST: Union Goods and Services Tax.

GST Slab Rates in India

As mentioned above there are 5 GST slab rates in India: 0%, 5%, 12%, 18% and 28%. All the goods and services are taxed based on these slabs. The GST council keeps revising the various tax rates on the products. Some of the categories are mentioned below for your reference:

Tax Rates Products
0% Cereals, raw silk, edible vegetables, firewood.
5% Edible oil, sugar, tea, coffee, spices, coal, and life-saving drugs.
12% Computers and processed food.
18% Hair oil, soaps, toothpaste, capital goods, and industrial agents.
28% Luxury items like small cars, consumer durables like AC and Refrigerators, premium cars, cigarettes and aerated drinks, High-end motorcycles.