A free online Indian GST calculator to calculate how much your product or service would cost after the application of GST. The GST (Goods and Services Tax) is a common comprehensive nation wide tax based on the VAT (Value Added Tax) principle which replaces several taxes levied by the Central and State governments upon the products and services. The rate of tax of GST in India is yet to be finalized. As for now, the tax rate is predicted to be from 5% to 28 %.
A product is sold from pune to Chennai at the rate of Rs.3000. GST rate is 15 %. What is the net price?
= 3000 x (15 / 100)
Hence the net price is 3000 + 450 = Rs.3450
GST in India will not affect the exports or direct tax like income tax, corporate tax etc., and it is the best described sales tax applicable to both products and services. Indian GST Calculator/Goods and Services Tax Calculator provides you with the GST price and the net price for your original amount.