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GST Tax Calculator FullScreen

The GST Tax Calculator is a helpful tool designed to calculate Goods and Services Tax (GST) in various countries where it is implemented. It simplifies the process of determining the GST amount to be paid or added to a product or service. By inputting the pre-GST or pre-tax price into the calculator, it instantly calculates and displays the GST amount based on the applicable tax rate.



What is GST tax calculation

GST tax calculation refers to the process of determining the amount of Goods and Services Tax (GST) to be paid or added to the price of a product or service. GST is a value-added tax levied on goods and services at each stage of production and distribution.

To calculate GST, follow these steps:

  1. Identify the applicable GST rate: In many countries, GST rates can vary for different goods and services.
  2. Determine the pre-tax or pre-GST price: This is the original price of the product or service before GST is added.
  3. Calculate the GST amount: Multiply the pre-tax price by the GST rate. The formula is: GST amount = Pre-tax price x GST rate.
  4. Determine the total price: Add the GST amount to the pre-tax price to obtain the total price. The formula is: Total price = Pre-tax price + GST amount.

For example, if the pre-tax price is $100 and the GST rate is 10%, the GST amount would be $10 (10% of $100), and the total price would be $110 ($100 + $10).

It's important to note that specific rules and regulations regarding GST calculations may vary between countries implementing GST. Therefore, it's advisable to refer to the GST guidelines and regulations applicable in your country for precise calculations.

GST tax calculation formula

GST amount = GST Rate(%) × Net amount

Gross amount = Net amount × (100% + GST Rate(%))

GST tax calculation Example

Net amount = 100$
GST Rate = 10%

GST amount = 10%×100$ = 10$

Gross amount = 100$×(100%+10%) = 110$