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How is GST calculated?

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How is GST calculated?
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  1. The rate of GST is added to the base price/value of supply.
    Formula:
    GST Amount = Value X (GST Rate ÷ 100)
    Total value of goods or services including GST = Value + GST Amount
    For example:
    Assume product X has a value of INR 100, and the GST rate applicable product on X is 18%.
    Amount of GST = 100 X (18 ÷ 100) = INR 18
    Total value of product X including GST = 100 + 18 = 118 INR.
    So, according to the above calculations, the GST amount on Product X will be INR 18, and the net value will be INR 118.

    You can use the freely available GST calculator as well.
    https://www.mastersindia.co/gst-calculator/
    In order to calculate GST using this online GST Calculator, the taxpayer must have the information regarding the GST rate or HSN/SAC Code applicable to those particular goods and services.

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