Goods and Services Tax (GST) is a destination-based indirect tax levied on the sale of goods and services in India. It is collected from manufacturers, wholesalers, retailers, and consumers at the point of consumption and is charged on every value addition.
The GST act was passed in the parliament on 29th March 2017, with an objective to simplify taxation for businesses by replacing all indirect taxes like central excise duty, service tax, VAT, octroi and surcharges.
Levied by a state government on transactions done within state boundaries
Levied by the central government on transactions done within state boundaries
Levied by the central government on interstate supply of goods & services
GST Amount = (Value of supply x GST%)/100
Total selling price = Value of supply + GST Amount
GST Amount = Value of supply – [Value of supply x {100/(100+GST%)}]
07 May, 2018 by Puneet Bhalla – 6 min read
How to Register for GST Online in India?
The process for applying and registering for GST has been made fairly simple and free from any requirement of hard copies…
Read More27 Nov, 2017 by Puneet Bhalla – 4 min read
Impact of GST on Exports of Goods & Services
There is a lot of ambiguity among eCommerce entrepreneurs on the impact of GST on the export of various goods…
Read More03 Oct, 2017 by Puneet Bhalla – 2 min read
Calculating Customs Duty Post GST Introduction
There are different rules and chapters allocated to various kinds of products which are imported…
Read MoreThis GST calculator can be used by buyers, manufacturers, and wholesalers.
Yes, one just needs to enter the cost of production/cost of goods, profit margin, and rate of GST.
All they need is to enter the net price before GST and then select the rate of GST.
Our GST calculator gives accurate details of your tax amount and total selling price using minimum time and effort.
Simplify shipping by leveraging our AI-enabled technology
& multi-carrier network.