Jordan VAT Calculator

Jordan sales rate is 16% for goods and services. VAT is collected here as General Sales tax, under two categories. General sales tax at a rate of 16% is collected for the supply of taxable goods or services and importation of taxable goods or services. Taxes collected at a reduced rate of 4% for specified agricultural products, fruits, meat, vegetables and live animals. Taxes are exempted for the energy-saving products and pharmaceutical industries.

Jordan General Sales Tax Calculation

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Jordan sales rate is 16% for goods and services. VAT is collected here as General Sales tax, under two categories. General sales tax at a rate of 16% is collected for the supply of taxable goods or services and importation of taxable goods or services. Taxes collected at a reduced rate of 4% for specified agricultural products, fruits, meat, vegetables and live animals. Taxes are exempted for the energy-saving products and pharmaceutical industries.

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 Jordan (GST % is 16) for an amount of 25000 JOD

Add Tax

Solution :
GST % = 16
Amount = 25000

Step 1 :
GST Price = (25000 * 16 ) / 100
     = 4000 JOD

Step 2 :
Net Price = 25000 + 4000
     = 29000 JOD

Hence the VAT Price is 4000 JOD and Net Price is 29000 JOD

Remove Tax

Solution :
GST % = 16
Amount = 25000

Step 1 :
GST Price = 25000 - (25000 * ( 100 / (100 + 16)))
                 = 25000 - (25000 * 0.86)
                 = 25000 - 21551.72
                 = 25000 - 21551.72
GST Price = 3448.28 JOD

Step 2 :
Net Price = 25000 - 3448.28
                = 21551.72 JOD

Hence the VAT Price is 3448.28 JOD and Net Price is 21551.72 JOD


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