GST Calculator

Total GST

Tax Slab

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Total GST

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Post - GST Amount

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What is a GST Calculator?

The GST calculator is a practical, ready-to-use tool for calculating the GST owed for a given month or quarter. Buyers, manufacturers, and distributors are just a few of the numerous types of users who can use this calculator.

Navi’s GST calculator helps calculate the total tax payable on goods and services as GST. The GST calculator saves time and lowers the possibility of human error. It has a user-friendly interface that is simple and provides accurate results instantly.

How to Calculate GST?

To calculate GST, you need to take the original cost and the GST rate of a particular category into account. However, the process could be extremely complex and time-consuming. Navi GST Calculator helps you calculate GST in seconds. The online calculator is extremely simple and easy to use. Here’s how you can calculate GST with ease:

Enter the required information

Enter the net cost of a commodity or service and the applicable GST rate for such goods or services.

Select ‘compute’ from the menu

Click on ‘Compute’ to get the result of the calculated GST

The final/gross price of the goods and services to be billed, along with the tax amounts for each tax head—CGST, SGST, or IGST—will be shown on the Navi GST calculator’s screen.

What is the Formula for Calculating GST?

Central Goods and Services Tax (CGST), State Goods and Services Tax (SGST), Union Territory Goods and Services Tax (UTGST) and Integrated Goods and Services Tax (IGST) are the four GST categories. The following formula helps in determining GST on different goods and services:

Where GST is not applied:
GST Amount = (Value of Supply x GST Percent)/100
Price to be charged = Supply Value + GST Amount

Where the value of the supply includes the GST:
GST Amount = Value of Supply – [Value of Supply x 100/[(100+GST %)]]
For example, assume that you are a buyer and the original cost of goods you bought is ₹5 lakh. If the goods fall in the 12% GST bracket, the GST will be:
(₹5,00,000 x 12) / 100 = ₹60,000

Advantages of Using Navi GST Calculator

Here are some of the advantages of the Navi GST Calculator:

User-friendly design

Our GST calculator is easy-to-use and intuitive

Saves time

Calculate and check your GST liability or invoicing amount in seconds

Helps you plan better

Calculate your GST due beforehand to manage your business finances well

Frequently asked questions

CGST, SGST, and IGST are the types of GST that are currently used in India. This straightforward separation reduces indirect taxes by identifying interstate and intrastate supplies.
500 services and more than 1300 commodities are now subject to four different GST tax rates of 5%, 12%, 18%, and 28%, according to the GST Council. This is in addition to the GST-adjusted special rate of 0.25% for rough precious and semi-precious stones and the tax on gold, which is maintained at 3%, as of August 2022.
The Harmonised System of Nomenclature (HSN) code is used to categorise items for GST purposes. The World Customs Organisation (WCO) has released the codes. They are used to categorise products into different parts, chapters, headings, and subheadings of a similar sort.
GST creates a single indirect tax for the entire country, transforming India into a single shared market. A single tax known as GST is applied to the supply of goods and services from the manufacturer to the customer.
The threshold upper limitations for service providers remain unchanged. If a person’s total annual revenue reaches ₹20 lakh (for regular category states) and ₹10 lakh, they must register (for special category states).
If the combined yearly turnover of a business or an individual falls below a certain threshold, neither is subject to GST.

There are many benefits to the GST, few of them are mentioned below:

  • Establishing a single, common market.
  • Expansion of industrial techniques.
  • Improvement of investments and exports.
  • Uniform processes for submitting returns, paying taxes, and receiving refunds.
  • Small suppliers might benefit from the composition plan to lower the cost of their products.
  • Increased effectiveness in neutralising taxes to make exports more competitive globally.
  • Here are several significant drawbacks of GST:
  • The cost of operation has grown due to the GST Scheme.
  • Increase the compliance burden.
  • Penalties for businesses that do not adhere to GST.
Disclaimer : Navi does not guarantee accuracy, completeness or correct sequence of any of the details provided therein and therefore no reliance should be placed by the user for any purpose whatsoever on the information contained / data generated herein or on its completeness/accuracy. The use of any information set out is entirely at the User’s own risk.

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