GST Calculator

Comprehensive Online GST Calculator for India

Welcome to iLikeUseTools GST Calculator, a specialized tool designed to simplify Goods and Services Tax (GST) calculations for business owners, freelancers, and students. Whether you're generating an invoice or checking the tax breakdown for a purchase, our tool provides instant and accurate results according to the latest Indian tax slabs.

Understanding GST: CGST, SGST, and IGST

GST is a single tax on the supply of goods and services. Our calculator breaks down the total tax into two main components:

• CGST (Central GST): Collected by the Central Government on an intra-state sale.
• SGST (State GST): Collected by the State Government on an intra-state sale.
• IGST (Integrated GST): For inter-state transactions, where the Central government collects the tax and distributes it to the respective state.

GST Inclusive vs. GST Exclusive

It is important to know which mode you are using to avoid calculation errors:

1. GST Exclusive: Use this when you have the base price of a product and want to add GST on top of it.
Formula: GST Amount = (Original Cost * GST%) / 100

2. GST Inclusive: Use this when the price already includes tax, and you want to find out the original price and the tax amount.
Formula: GST Amount = Total Price - (Total Price / (1 + GST%/100))

Current GST Tax Slabs in India

Our tool supports all standard GST slabs currently active in India:

• 5%: Basic necessities and household items.
• 12%: Processed food and electronics.
• 18%: Services, capital goods, and most industrial items (Most Common).
• 28%: Luxury items and demerit goods like tobacco and automobiles.