GST Calculator

How to Calculate GST: Step-by-Step Guide

You can calculate GST using the base amount and GST rate for the given product. Calculate GST using our GST calculator with an easy step-by-step guide below:

Step 1: Enter the transaction details in our calculator, such as: 

• Amount
• GST rate applicable 
• Select whether or not the amount includes GST
• Select whether or not you are selling within the same State

Step 2: Our calculator processes this data using predefined formulas to compute the GST.

Step 3: Our calculator provides the final result, including the taxable value, the tax amount for CGST and SGST (or IGST), and the total invoice amount.

Clear GST calculator tool works for you anywhere, at anytime! 

GST Calculator Formula

Any business, manufacturer, wholesaler, or retailer can calculate GST easily with the help of the formula given below:

When the price is exclusive of GST:

GST Amount = (Value of supply x GST rate)/100 
Price to be charged = Value of supply + GST Amount

When the price is inclusive of GST:

GST Amount = Value of supply – [Value of supply x {100/(100+GST rate)}]

GST Calculation Examples

Given below is a simple example for GST calculation:

It automatically calculates the net liability in cash after considering the balances in the electronic credit ledger for each tax head-IGST, CGST and SGST/UTGST.

Tax Components Under GST

Broadly, there are four tax components under GST- Central GST, State GST, Union Territory GST, and Integrated GST.

CGST or Central Goods and Services Tax is GST charged for the sale of goods/services within the same state/Union Territory, revenue of which is passed to Central Government.

SGST or State Goods and Services Tax is GST charged for the sale of goods/services within the same state/Union Territory.

Check Our ClearTax Reverse GST Calculator