GST (Goods and Services Tax)

GST (Goods and Services Tax) is India’s single indirect tax on the supply of goods and services, which replaced a tangle of earlier taxes (VAT, service tax, excise, octroi) in July 2017. It is charged at four main rates depending on the item: 5%, 12%, 18% and 28%, plus 0% and 3% for a few special goods.

To add GST to a price: GST = amount × rate / 100. To extract GST from an inclusive price: base = amount / (1 + rate / 100). Use the GST Calculator for both.