Reverse GST Calculator
Amount
Select GST Rates
Select GST Type
Easy-to-Use Free Reverse GST Calculator
Pice introduces the Reverse GST Calculator—your easy-to-use online calculator tool for small businesses and customers in India to compute an accurate base price of the product before GST and also the GST amount from the total amount that includes GST. Our Reverse GST Calculator helps you determine the pre-tax cost in minutes.
What is GST (Goods and Services Tax)?
The Indian government introduced the Goods and Services Tax (GST) as an indirect tax on goods and services to reform the taxation system with a single tax. It came into effect in India on the 1st of July, 2017 and replaced other indirect taxes like VAT, central excise duty, and sales tax. After the GST implementation, for businesses in India, it has become mandatory to register for GST and obtain a unique GST Identification Number (GSTIN). This registration is essential for businesses to legally operate and collect taxes from consumers on all goods and services. Since GST is applicable, it is necessary for businesses and individuals to know how to compute the GST correctly via the Free GST Calculator.
What Is Reverse GST Calculation?
A Reverse GST Calculator is basically a tool used to calculate the original price of a product or service before the Goods and Services Tax (GST) is applied. This can be useful for businesses and consumers who want to know the pre-tax amount from the final price inclusive of GST. By inputting the total price (including GST) and the applicable tax rate, you can determine the original cost
How to Use Pice Reverse GST Calculator Online?
With Pice Free Reverse GST Calculator tool, you can calculate your original price in minutes with 3 simple steps. The tool features two fields that allow you to input the necessary data, such as the post cost price (GST inclusive) and tax slab rate. Once you've filled in the details, the calculator will automatically compute the price before taxes based on your inputs.
- Step 1: Firstly, enter the actual price of the goods & services.
- Step 2: Select the applicable GST slab rate percentage in which the product category fall.
The calculator will display the initial price before GST as well as the GST amount that has been added to the product's actual price.
Formula to Calculate GST Amount
Every GST amount online calculator uses a specific standard formula for GST calculations. For adding GST, the following formula is used.
GST= Original cost – [Original cost x {100/(100+GST%)}]
Net price = Original cost – GST
For example, if the cost of a product after GST of 18% is Rs. 236, its original cost is 236– [100/(100 + 18%)}] which equates to Rs. 200.
What is GST Inclusive Amount?
The GST inclusive amount means the product or service selling price already include the goods or service tax GST Amount. For example if the If the GST rate is 18% and the GST inclusive price of an item is ₹118, this means the price before GST of the item was ₹100, and ₹18 was added as applicable GST rate.
What is GST Exclusive Amount?
The GST inclusive amount means the product or service selling price is without the goods or service tax GST amount. For example, the If the GST rate is 18% and the GST exclusive price of an item is ₹100, this means the original price of the item was ₹118 and ₹18 has to be added as GST, then the final amount will be 118.
More on GST
Implemented on July 1, 2017, GST transformed the Indian tax landscape. It has several slab tax brackets (such as 5%, 12%, 18%, and 28%) catering to different types of goods and services. Additionally, there are provisions for composition schemes for small businesses, making compliance easier for them.
Types of GST
Benefits of Using Pice GST Calculator
- Error-Free Calculations:Pice reverse GST calculator helps you to know the actual price in reverse; Which you're paying on goods and services instantly with a clear and precise breakdown.
- Time-Saving:Pice reverse GST calculator is designed for fast, accurate tax results, helping you save valuable time and avoid complex manual calculations.
- Convenience:No need for complex calculations or spreadsheets—our reverse GST calculator is designed to give you results with minimal input.
Need something more than GST calculations?
Want to verify GST or streamline the GST payment on time? Download the Pice app and experience hassle free GST management by automating the payments; also verify the GST authenticity instantly for free.
Pay your vendors using UPI or
credit card and enjoy up to 45 days of interest-free credit
The Pice GST Calculator allows you to enter an amount, choose a GST rate, and select whether the amount is GST inclusive or exclusive. It then instantly calculates the correct tax and total amount, saving you time and providing accurate results.
Yes, the Pice GST Calculator considers the different GST slab rates including 5%, 12%, 18% and 28% to help you calculate taxes for the different categories of products and services instantly.
Absolutely! The Pice GST Calculator is free and can be used through a web browser. It is important to note that there are no extra charges to make or sign up to access the tool.
With the Pice app, you can easily verify the authenticity of any GSTIN (GST Identification Number) and ensure that the vendor or business is registered with GST, helping you stay compliant.
Yes! With the help of the Pice app you can manage your GST payments, automate your tax returns and make timely payments so that you do not face any penalties or compliance problems.