GST Calculator 2024
Calculate Goods and Services Tax (GST) with comprehensive breakdown of CGST, SGST, and IGST. Support for all GST rates, inclusive/exclusive calculations, and inter-state transactions.
The entered amount is before adding GST
CGST + SGST will be charged (within same state)
Total Amount (GST Exclusive)
₹1.18 L
GST Amount: ₹18.00 K @ 18%
Base Amount
₹1.00 L
GST Amount
₹18.00 K
GST Breakdown
GST Rate Structure
0%
- • Essential items
- • Fresh food
- • Educational services
3%
- • Gold
- • Precious metals
- • Special items
5%
- • Basic necessities
- • Household items
- • Some services
12%
- • Processed food
- • Electronics
- • Some textiles
18%
- • Most services
- • Electronics
- • Textiles
28%
- • Luxury items
- • Automobiles
- • Tobacco products
Calculation Breakdown
GST Addition Calculation
GST Components
- CGST: Central Goods and Services Tax (Central Government)
- SGST: State Goods and Services Tax (State Government)
- IGST: Integrated GST (Inter-state transactions)
- UTGST: Union Territory GST (UT transactions)
Important Notes
- GST registration required for turnover above ₹40 lakhs
- Input tax credit available for business purchases
- Different rates for goods and services
- Monthly/quarterly returns filing required
GST Rate Structure in India
0% GST
- • Fresh fruits and vegetables
- • Milk and milk products (not processed)
- • Cereals and grains
- • Educational services
- • Healthcare services
- • Public transport
3% GST
- • Gold and silver jewelry
- • Precious and semi-precious stones
- • Gold bars and coins
- • Special category items
5% GST
- • Household necessities
- • Medicines and drugs
- • Fertilizers
- • LPG for domestic use
- • Coal and lignite
- • Economy class air travel
12% GST
- • Processed food items
- • Electronic items
- • Textiles and apparel
- • Mobile phones
- • Computer peripherals
- • Business class air travel
18% GST
- • Most services
- • Restaurants (non-AC)
- • Iron and steel products
- • Computers and laptops
- • Telecom services
- • Financial services
28% GST
- • Luxury items
- • Automobiles
- • AC restaurants
- • Tobacco products
- • Aerated drinks
- • High-end consumer goods
Understanding GST Components
Intra-State Transactions
CGST (Central GST)
Half of the total GST rate goes to the Central Government. For 18% GST, CGST = 9%
SGST (State GST)
Half of the total GST rate goes to the State Government. For 18% GST, SGST = 9%
Example: ₹1000 product with 18% GST = ₹90 CGST + ₹90 SGST
Inter-State Transactions
IGST (Integrated GST)
Full GST rate is charged as IGST for transactions between different states. Initially goes to Central Government, then distributed.
Settlement Process
Central Government later settles the IGST amount between origin and destination states as CGST and SGST components.
Example: ₹1000 product with 18% GST = ₹180 IGST (inter-state)
GST Calculation Examples
Exclusive GST Calculation
CGST: ₹90 | SGST: ₹90 (Intra-state)
IGST: ₹180 (Inter-state)
Inclusive GST Calculation
Formula: Base = Total ÷ (1 + GST Rate/100)
Base = 1180 ÷ (1 + 18/100) = ₹1,000
GST Compliance Essentials
Registration Requirements
- • Turnover > ₹40L (₹20L services)
- • Inter-state supply of any value
- • E-commerce operators (mandatory)
- • Casual taxable person
- • Non-resident taxable person
Return Filing
- • GSTR-1: Monthly outward supplies
- • GSTR-3B: Monthly summary return
- • GSTR-9: Annual return
- • GSTR-4: Quarterly (Composition)
- • Timely filing to avoid penalties
Input Tax Credit
- • Available on business purchases
- • Must have valid tax invoice
- • Supplier should file returns
- • Used to offset output liability
- • Time limit for claiming ITC
Financial Calculator FAQs
Everything you need to know about income tax calculations
Need More Help?
Financial planning requires careful consideration of various factors. Consider consulting with a financial advisor for personalized advice based on your specific situation.
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