How our Online GST calculator works.
Our GST calculator offered by studyop.in works on two simple GST formulas to calculate the GST amount.
For GST Exclusive Price:
The formula is:
GST Amount=Price × GST Rate / 100
Final Price=Price + GST Amount
For GST Inclusive Price:
The formula is:
GST Amount=Price × GST Rate / (100 + GST Rate)
Base Price=Price − GST Amount
Why Use our GST Calculator?
- Time-saving: Online GST calculators do faster calculations than manual ones.
- Reduces Errors: this will reduce the possibility of calculating error.
- User-Friendly: online calculators are good-looking and also give solution to users
- Convenience: you can get it at any time of the internet. Just look for it online GST calculator by studyop.
- Different GST Rates: This will deal with various types of GST slabs or rates (0%, 5%, 12%, 18%, and 28%).
Steps of Using a GST Calculator
- Input the Price: You have to enter the amount in the amount field.
- Select the GST Rate: Select the applicable GST rate for the product or service.
- Specify the Type: Select whether the price entered is inclusive or exclusive of GST.
- Results and Solution: The calculator will provide an immediate result for the amount of GST, final price, and its solution.