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India GST Calculator 2023

Calculate Goods & Services Tax (FY 2022-23)

Introduction

🎯 What

India GST Calculator 2023 estimates Goods and Services Tax payable on goods/services supplied. Supports all GST rates, CGST/SGST/IGST splits, and Input Tax Credits.

👥 Who

Business owners, freelancers, service providers, sellers registered under GST, accountants & tax professionals.

💡 Why

Helps calculate GST liability, show inclusive & exclusive prices, plan billing, and manage Input Tax Credits for GST filing.

🧾 GST Calculation Details

Optional: Reduces net GST payable

💵 GST Summary

Enter details and calculate

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GST Slabs (FY 2022-23)

0%

Essential Goods

5%

Low Value Items

12%

Standard Goods

18%

Most Goods & Services

28%

Luxury Items

GST Structure & Components

Intra-State Supply

  • CGST: Central GST (50% of total GST)
  • SGST: State GST (50% of total GST)
  • • Applicable when buyer and seller are in the same state
  • • Example: 18% GST = 9% CGST + 9% SGST

Inter-State Supply

  • IGST: Integrated GST (100% of total GST)
  • • Collected by Central Government
  • • Applicable when buyer and seller are in different states
  • • Example: 18% GST = 18% IGST

Allowances & Deductions

  • Input Tax Credit (ITC): GST paid on purchases can be claimed as credit against output GST liability
  • Reverse Charge Mechanism (RCM): Buyer pays GST instead of supplier in specific cases
  • Composition Scheme: Small businesses can opt for simplified GST at lower rates (1-5%)
  • Exemptions: Essential goods like fresh fruits, vegetables, milk, bread are GST-exempt
  • Zero-Rated Supplies: Exports and supplies to SEZ are zero-rated

Calculation Examples

Example 1: Intra-State Supply

Supply Value: ₹10,000

GST Rate: 18%

Type: Intra-State

Calculation:

• Base Amount: ₹10,000

• CGST (9%): ₹900

• SGST (9%): ₹900

• Total GST: ₹1,800

Total Amount: ₹11,800

Example 2: Inter-State, Price Inclusive GST

Total Amount: ₹11,800 (GST included)

GST Rate: 18%

Type: Inter-State

Calculation:

• Base Amount: ₹11,800 ÷ 1.18 = ₹10,000

• IGST (18%): ₹1,800

Base Amount: ₹10,000

Frequently Asked Questions

Q: What is the difference between CGST, SGST, and IGST?

A: CGST and SGST are levied on intra-state supply (within same state) and split 50:50 between Central and State governments. IGST is levied on inter-state supply (between different states) and collected by Central Government.

Q: Can I enter GST-inclusive price?

A: Yes, check the "Price includes GST" option and the calculator will reverse calculate the base amount and GST from the total price.

Q: Does this include Input Tax Credit (ITC)?

A: Yes, you can enter your ITC amount to calculate net GST payable after credit adjustment.

Q: Is this calculator official for filing returns?

A: No, this is an informational tool. Always verify calculations on the official GST portal before filing returns.

Q: What is the composition scheme?

A: Small businesses with turnover below ₹1.5 crore can opt for composition scheme and pay GST at lower flat rates (1-5%) instead of regular rates.

Disclaimer: This India GST Calculator 2023 is for informational and educational purposes only. Actual GST liability may vary depending on exemptions, input tax credit, business category, and specific GST rules. Tax laws are subject to change. Always verify with the official GST portal or consult a qualified tax professional before filing returns or making business decisions. This calculator does not constitute financial or legal advice.