Japan VAT Calculator

VAT equivalent tax in Japan is known as consumption tax. It was initially introduced in the year of 1979 and later with held. Consumption tax was reintroduced in japan in the year of 1989 at the rate of 3 %. Gradually the tax has been increased to the present rate of 8 %.

Japan Consumption Tax Calculation

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VAT equivalent tax in Japan is known as consumption tax. It was initially introduced in the year of 1979 and later with held. Consumption tax was reintroduced in japan in the year of 1989 at the rate of 3 %. Gradually the tax has been increased to the present rate of 8 %.

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 Japan (GST % is 8) for an amount of 25000 ¥

Add Tax

Solution :
GST % = 8
Amount = 25000

Step 1 :
GST Price = (25000 * 8 ) / 100
     = 2000 ¥

Step 2 :
Net Price = 25000 + 2000
     = 27000 ¥

Hence the VAT Price is 2000 ¥ and Net Price is 27000 ¥

Remove Tax

Solution :
GST % = 8
Amount = 25000

Step 1 :
GST Price = 25000 - (25000 * ( 100 / (100 + 8)))
                 = 25000 - (25000 * 0.93)
                 = 25000 - 23148.15
                 = 25000 - 23148.15
GST Price = 1851.85 ¥

Step 2 :
Net Price = 25000 - 1851.85
                = 23148.15 ¥

Hence the VAT Price is 1851.85 ¥ and Net Price is 23148.15 ¥


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