{"id":163,"date":"2021-02-16T12:13:45","date_gmt":"2021-02-16T06:43:45","guid":{"rendered":"https:\/\/total-sols.com\/blog\/?p=163"},"modified":"2021-02-22T13:31:13","modified_gmt":"2021-02-22T08:01:13","slug":"gst-calculator-online-in-india","status":"publish","type":"post","link":"https:\/\/total-sols.com\/blog\/gst-calculator-online-in-india\/","title":{"rendered":"How to calculate gst?"},"content":{"rendered":"\n

GST<\/a> is a simple process where the rates have to be referred as specified in the Goods and Services Act and on the basic rate charged, GST will be applicable.  However, discount can be deducted from the price and then the chargeable basic will have GST audit. At present, GST percentages are 0%, 0.25%, 3%, 5%, 12%, 18% and 28%.<\/p>\n\n\n\n

Let us illustrate\nthe calculation of GST using the following examples<\/p>\n\n\n\n

1. Scenario\n1A: INTRASTATE SALE<\/strong><\/p>\n\n\n\n

Let us assume the\nGST on a product is at 12% and the quantity is 10 numbers @ Rs. 100. \nSupplier is from Bangalore supplying the product to a buyer within\nKarnataka.  GST calculation will be as below:<\/p>\n\n\n\n

Cost of the\nproduct:  Rs. 100 x 10 = Rs.1000<\/p>\n\n\n\n

\u00b7        Add SGST 6%  Rs. 60<\/p>\n\n\n\n

\u00b7        Add CGST 6% Rs. 60<\/p>\n\n\n\n

Total Rs. 1000+120\n= Rs. 1120<\/p>\n\n\n\n

Scenario\n1B: INTRASTATE SALE WITH DISCOUNT<\/strong><\/p>\n\n\n\n

With a discount in\nthe same above intrastate sale<\/p>\n\n\n\n

Cost of the\nproduct:  Rs. 100 x 10 = 1000<\/p>\n\n\n\n

Less discount 10% –\nRs. 100<\/p>\n\n\n\n

Cost:  Rs. 900<\/p>\n\n\n\n

\u00b7        Add SGST 6%  Rs. 54<\/p>\n\n\n\n

\u00b7        Add CGST 6% Rs. 54<\/p>\n\n\n\n

Total Rs. 900 +108\n= Rs. 1008<\/p>\n\n\n\n

FOR ANY SPECIFIC QUERIES, CLICK HERE <\/a>TO FIX A 30 MINUTES FREE SESSION ON ZOOM FOR ONE-TO-ONE WITH AN EXPERT. (NAME OF THE PERSON, MOBILE NUMBER, EMAIL ID, WEBSITE (NOT MANDATORY), COMPANY (NOT MANDATORY)<\/em><\/strong><\/p>\n\n\n\n

TIMING WILL BE 11 a.m. to 6 pm (Mention your\npreferred time) Slot availability to be confirmed<\/strong>.<\/strong><\/p>\n\n\n\n

2. Scenario 2A\n\u2013INTERSTATE SALE<\/strong><\/p>\n\n\n\n

Here, it is an\ninterstate sale that is it is assumed the seller is from Bangalore and buyer\nfrom Chennai.  Cost of the product Rs. 100 and number of products 10.<\/p>\n\n\n\n

Calculation will be\nas below:<\/p>\n\n\n\n

 Cost of the\nproduct:  Rs. 100 x 10 = Rs. 1000<\/p>\n\n\n\n

\u00b7        Add IGST 12%  Rs. 120<\/p>\n\n\n\n

Total Rs. 1000+120\n= 1120<\/p>\n\n\n\n

Scenario\n2B- INTERSTATE SALE WITH DISCOUNT<\/strong><\/p>\n\n\n\n

With a discount in\nthe same above interstate sale<\/p>\n\n\n\n

Computation will be\nas below:<\/p>\n\n\n\n

Cost of the\nproduct:  Rs. 100 x 10 = Rs. 1000<\/p>\n\n\n\n

Less discount 10% –\nRs. 100<\/p>\n\n\n\n

Cost of the\nproduct:  Rs. 900<\/p>\n\n\n\n

\u00b7        Add IGST 12% – Rs. 108<\/p>\n\n\n\n

Total:  Rs.\n1000 + 108 = Rs. 1008<\/p>\n\n\n\n

Still facing issues to calculate GST Return<\/a><\/strong> in India? Contact us today at Total Solutions<\/a><\/strong> and get your problems resolved with the help of our experts.<\/p>\n\n\n\n

FOR ANY SPECIFIC QUERIES, <\/strong>CLICK HERE<\/strong><\/a> TO FIX A 30 MINUTES FREE SESSION ON ZOOM FOR ONE-TO-ONE WITH AN EXPERT. (NAME OF THE PERSON, MOBILE NUMBER, EMAIL ID, WEBSITE (NOT MANDATORY), COMPANY (NOT MANDATORY)<\/strong><\/em><\/p>\n\n\n\n

TIMING WILL BE 11 a.m. to 6 pm (Mention your\npreferred time) Slot availability to be confirmed.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

GST is a simple process where the rates have to be referred as specified in the Goods and Services Act and on the basic rate charged, GST will be applicable.  However, discount can be deducted from the price and then the chargeable basic will have GST audit. At present, GST percentages are 0%, 0.25%, 3%, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[58,29,31,26,57,27,28,32,60,59],"class_list":["post-163","post","type-post","status-publish","format-standard","hentry","category-gst","tag-calculate-gst-online","tag-efile-gst-return","tag-file-gst-return","tag-gst","tag-gst-calculator","tag-gst-return","tag-gst-return-efiling","tag-gst-return-online-in-india","tag-how-to-calculate-gst","tag-how-to-calculate-gst-online-in-india"],"_links":{"self":[{"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/posts\/163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/comments?post=163"}],"version-history":[{"count":2,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/posts\/163\/revisions"}],"predecessor-version":[{"id":178,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/posts\/163\/revisions\/178"}],"wp:attachment":[{"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/media?parent=163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/categories?post=163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/total-sols.com\/blog\/wp-json\/wp\/v2\/tags?post=163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}