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GST Calculator

Calculating GST is a bit-complex process. To calculate GST more accurately, Meetanshi has developed free GST calculator that makes it easy to calculate GST at their fingertips. <br><br>Goods and Service Tax can be defined as an indirect tax levied on the supply of goods and services. Generally, GST is applied at all the level of supply chain distribution. <br><br>GST is applicable to person make a purchase, instead of the person selling it. It is bit similar to value-added tax.

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GST Calculator

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  1. GSTCalculator TableofContents Introduction GSTCalculationFormula GSTCalculator ©Meetanshi

  2. 1.Introduction CalculatingGSTisabit-complexprocess.Tocalculate GST moreaccurately,Meetanshihasdeveloped free GSTcalculator thatmakesiteasyto calculateGST attheir fingertips. Goods and Service Tax can be defined as an indirect tax levied on the supply of goods and services. Generally,GST isapplied atall the levelofsupplychain distribution. GSTisapplicable to person makeapurchase,insteadofthepersonsellingit.Itis bitsimilar tovalue- addedtax. Thecustomersarerequiredto pay taxfor everysingletransaction.Theamount oftax imposed is directlyproportionaltothepurchaseamount. GSTCalculator ©Meetanshi

  3. 2.GSTCalculationFormula GST calculation canbe madeeasierforretailers,wholesalers andmanufacturersusing: ForaddingGSTtothebaseamount GST Amount= (OriginalCost*GST%)/100 Net Price= OriginalCost+GST Amount ToremoveGSTfromthe baseamount GST Amount = OriginalCost-[OriginalCost *{100/(100+GST%)}] Net Price= OriginalCost -GST Amount Ease yourtasksbyautomaticallycalculating GSTusingMeetanshi’sfreeGSTcalculatoratyour fingertips! Formoreinformation,visit:https://meetanshi.com/gst-calculator GSTCalculator ©Meetanshi

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