GST is levied on the sale of goods and services in the country. GST is a comprehensive, multi-stage, destination-based tax. This is levied on every value addition.
GST can be calculated simply by multiplying the taxable amount by the GST rate. If CGST, SGST, and UTGST are used, the CGST and SGST amounts are each half of the total GST amount. GST = Taxable Amount x GST Rate
If you have the amount that already includes the GST, you can calculate the GST-excluding amount using the below formula:
GST excluding amount = GST including amount/(1+ GST rate/100)
Our GST Rate Calculator allows you to calculate the GST rate in no time and reduces the chances of human error while computing the cost.