VAT Calculator Andorra

In Andorra, VAT (Value Added Tax ) was introduced in October 1991. The general rate for general goods was 4 %. For special and luxury goods, the rate is from 8 to 12 %. Andorra, in 2013 introduced the rate of VAT as 4.%. This rate is more beneficial for all foreign companies that have been previously affected by the earlier Andorra VAT.

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In Andorra, VAT (Value Added Tax ) was introduced in October 1991. The general rate for general goods was 4 %. For special and luxury goods, the rate is from 8 to 12 %. Andorra, in 2013 introduced the rate of VAT as 4.%. This rate is more beneficial for all foreign companies that have been previously affected by the earlier Andorra VAT.

Formula:

Add Tax Tax Amount = ( Original Cost * VAT% ) / 100 Net Price = Original Cost + Tax Amount
Remove Tax Tax Amount = Original Cost - ( Original Cost * ( 100 / ( 100 + VAT% ) ) ) Net Price = Original Cost - Tax Amount

Example

Find the VAT price and net price in India (GST % is 12.5) for an amount of 25000 र

Add Tax

Solution :
GST % = 12.5
Amount = 25000

Step 1 :
GST Price = (25000 * 12.5 ) / 100
     = 3125 र

Step 2 :
Net Price = 25000 + 3125
     = 28125 र

Hence the VAT Price is 3125 र and Net Price is 28125 र

Remove Tax

Solution :
GST % = 12.5
Amount = 25000

Step 1 :
GST Price = 25000 - (25000 * ( 100 / (100 + 12.5)))
                 = 25000 - (25000 * 0.89)
                 = 25000 - 22222.22
                 = 25000 - 22222.22
GST Price = 2777.78 र

Step 2 :
Net Price = 25000 - 2777.78
                = 22222.22 र

Hence the VAT Price is 2777.78 र and Net Price is 22222.22 र


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