GST Calculator

GST Calculator

Calculation Type: Add GST

GST Calculation

Amount Before GST
₹10,000
CGST (9%)
₹900
SGST (9%)
₹900
Total GST
₹1,800
Amount With GST
₹11,800

GST Breakdown

Component Rate Amount (₹)
Original Amount - 10,000.00
CGST 9% 900.00
SGST 9% 900.00
Total Amount - 11,800.00

Smart GST Calculation Guide & Tax Optimization Strategies

Understanding GST calculations is crucial for businesses and consumers in India. Our comprehensive guide helps you navigate different tax slabs (5%, 12%, 18%, 28%) with CGST/SGST/IGST breakdowns for accurate financial planning and compliance.

2023 GST Rate Comparison

Product Category CGST Rate SGST Rate Effective Rate
Luxury Vehicles 14% 14% 28%
Electronics 9% 9% 18%
Restaurant Services 2.5% 2.5% 5%
Essential Goods 0% 0% 0%

GST Composition Scheme Benefits

Turnover ≤ ₹1.5Cr: 1% Rate
Manufacturers: 1%
Restaurants: 5%
Service Providers: 6%

Input Tax Credit

Claim credit for GST paid on business purchases to significantly reduce your final tax liability through proper documentation.

Filing Deadlines

GSTR-1 (11th), GSTR-3B (20th/22nd/24th monthly). Annual return must be filed by December 31st to avoid penalties.

Reverse Charge

Applies when purchasing from unregistered dealers - the recipient becomes responsible for paying GST instead of the supplier.

GST Compliance Requirements

  • Registration: Mandatory for businesses with ₹40L+ turnover (₹20L for special category states)
  • Invoicing: Must include GSTIN, HSN codes (4-8 digits), and clear tax breakdown
  • E-Way Bills: Required for interstate goods movement worth ₹50,000+
  • Penalties: 10% of tax due (minimum ₹10,000) for late filing or incorrect returns
GST Calculation Formulas:
Exclusive Pricing: GST = Amount × Rate% | Total = Amount + GST
Inclusive Pricing: GST = Amount × (Rate%/(100+Rate%)) | Base = Amount - GST

GST Frequently Asked Questions

Q: What's the difference between CGST, SGST and IGST?
A: CGST (Central) + SGST (State) apply for intra-state transactions. IGST (Integrated) applies for inter-state transactions and imports.

Q: Can I claim GST refund on export transactions?
A: Yes, exports are zero-rated. You can claim refunds on input taxes or use Letter of Undertaking (LUT) for export without tax payment.

Q: Is GST applicable when selling personal used items?
A: No GST applies when selling personally used items. Only dealers selling second-hand goods pay tax on their margin.