Tunisia VAT Calculator

Value-added tax or also General Sales tax (GST) is a form of consumption tax. In Tunisia, the standard rate for Value Added Tax stands at 18 percent. A reduced rate of 10% is applicable to agricultural companies or in crafts, buying groups. A reduced rate of 6% for operations on goods and services. A reduced rate of 12% for operations on goods, activities and services. The VAT on luxury products is 29%.

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Value-added tax or also General Sales tax (GST) is a form of consumption tax. In Tunisia, the standard rate for Value Added Tax stands at 18 percent. A reduced rate of 10% is applicable to agricultural companies or in crafts, buying groups. A reduced rate of 6% for operations on goods and services. A reduced rate of 12% for operations on goods, activities and services. The VAT on luxury products is 29%.

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 Tunisia (GST % is 18) for an amount of 25000 dinar

Add Tax

Solution :
GST % = 18
Amount = 25000

Step 1 :
GST Price = (25000 * 18 ) / 100
     = 4500 dinar

Step 2 :
Net Price = 25000 + 4500
     = 29500 dinar

Hence the VAT Price is 4500 dinar and Net Price is 29500 dinar

Remove Tax

Solution :
GST % = 18
Amount = 25000

Step 1 :
GST Price = 25000 - (25000 * ( 100 / (100 + 18)))
                 = 25000 - (25000 * 0.85)
                 = 25000 - 21186.44
                 = 25000 - 21186.44
GST Price = 3813.56 dinar

Step 2 :
Net Price = 25000 - 3813.56
                = 21186.44 dinar

Hence the VAT Price is 3813.56 dinar and Net Price is 21186.44 dinar


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