GST rate calculator is an easy to use app to know the new product rate. As you may be aware of the fact that Government of India has revolutionized tax system by removing all the unnecessary tax system and implement one simple tax - Goods & Service Tax.. As our Prime Minister Narendra Modi says One nation, One tax.
This app will help you whether you are a buyer or a seller, an accountant or a CA, consumer or a businessman. It helps you understand the cost of a particular product in a very simple manner. Easy to choose layout helps you
Enter the base amount of the product. Choose the tax bracket under which the product falls in. You will instantly get the net price of the product inclusive of GST.
For example, you enter the base amount 100 Rs and choose the tax bracket as 18%. You will automatically get the Net amount as 118 Rs.
You can also do it in reverse method. You can enter the net price of the product and choose the tax percentage. It will automatically remove the tax from Net price and you will be able to get the base price.
For example, you enter the Net Amount 100 Rs and choose the tax bracket as 18%. You will automatically get the response at 84.75
According to GST council India, there are currently 6 tax brackets which are as follows: 0%, 3%, 5%, 12%, 18% and 28%.
You can also learn more about GST and it’s impact through various articles and news updates from finance ministry.
Goods & Service Tax Calculator app works offline so you can use it anytime without internet. This is not an official app but we use the most reliable data provided from the tax department.
Now this app has 2 built in calculator to boost productivity by giving one tap calculation. New calculator has all tax slabs built in and that is the easiest way to use GST Tax rate finder.