1. What is GST?

GST (Goods and Services Tax) is a comprehensive indirect tax levied on the supply of goods and services in India. It has replaced multiple cascading taxes levied by the central and state governments.

2. How Does the Calculator Work?

The calculator uses the GST formula:

Where:

• \( Value \) — Original amount before GST (INR)
• \( GST\% \) — Applicable GST rate (as percentage)

Explanation: The calculator multiplies the original value by the GST percentage (converted to decimal) to calculate the GST amount, then adds it to the original value to get the total amount.

3. Importance of GST Calculation

Details: Accurate GST calculation is crucial for businesses to determine their tax liability, maintain compliance with tax laws, and correctly price their goods and services.

4. Using the Calculator

Tips: Enter the original value in INR and the applicable GST percentage. Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What are the different GST slabs in India?
A: The main GST slabs are 5%, 12%, 18%, and 28%. Some essential items are taxed at 0% or exempt.

Q2: How is GST different from VAT?
A: GST is a single, destination-based tax replacing multiple indirect taxes, while VAT was applied only to goods at the state level.

Q3: Can I calculate reverse GST with this calculator?
A: No, this calculator only computes GST forward. For reverse calculation (extracting GST from total), you would need a different formula.

Q4: Are there different types of GST in India?
A: Yes, CGST (Central GST), SGST (State GST), and IGST (Integrated GST for inter-state transactions).

Q5: Is GST applicable on all goods and services?
A: Most goods and services are covered, but some like alcohol for human consumption and petroleum products are temporarily outside GST.