Use of a GST Calculator
Have you been hitting buttons on your calculator trying to make it a GST calculator which can figure out the amount of GST you will be burdened within your business?
Are you worried about faltering on the little maths you knew and never bothered to brush on? Do you worry about checking out the CGST or SGST while calculating GST?
Are you sure of the calculations you have been doing all this while?
Is your conventional age old calculator bug free and makes sure there are no errors?
If not, then congratulations! You have landed on just the right page. I can provide you with just the right tool which can calculate GST, in other words, the tax amount you would have to pay.
There are no maths, no arithmetic required. Heck, you don’t even have to be worried about punching any numbers or buttons. There simply isn’t any and not just that, this online GST calculator can also evaluate the CGST, SGST and production cost for you.
Is this possible? Oh yes, it is. No kidding.
Before diving into what my online GST calculator is, let me brief you on GST.
Know more about GST and GST Calculator
GST is a comprehensive, multistage, destination-based tax, comprehensive because it took all indirect taxes in the account, multistage as it is imposed and refunded at all stages of the production process (except consumption, ofc) and destination-based as it is deducted from the point of consumption.
Goods and services are also categorized in different tax slabs- 0%, 5%, 12%, 18% and 28%. But don’t be bogged down by this comprehensive analogy because there is GST on almost everything you use these days. There is GST on petrol, on food, on clothes, on daily use products. The days when we will be taxed for oxygen as well isn’t far enough. (just saying)
In such a miserable situation, you don’t want to be carrying around your conventional calculators everywhere, trying to figure out the tax holes in your pocket every time you run to do anything in the financial market. Do you?
If you are telling me that you brought yourself a pocket calculator and are priding yourself on grabbing a smaller one that can be comfortable hidden inside your pocket, then, here’s the catch! If you fuck up any of those digits or if that little piece of calculator ever runs out of battery, what do you suppose you will do?
Don’t blame me, if those digits are erased and lost in the ether. Also, I am sure you won’t be embarrassed when you open that small funny little box you have to open up and scout for the extra small digits to calculate some numbers.
You are telling me you got a calculator on our phone?!!! Hi tech-savvy kid, we can be good friends! I just hope that you did enough research and homework on the process of calculating GST online as to what portion of it would account for CGST and SGST. Please keep a notebook aside to account for all the six-digit numbers you will be using. Let me know the production cost of your net price as well.
(Hats off, to your mathematical skills, and keep working hard. )
For those trying to rant on any other type of calculator than these, I just mentioned. Sure! No matter how unreliable, bug-ridden, bad and bizarre to use, we can always keep using them, just because we are used to them. Used to its features, designs and maybe even the fantasy of hitting that buttons with speed. Very good, keep going.
Others, who are looking for an identifiable design that is distinctively declarative and avoids any of such blunders that a conventional medium can run into, read ahead!
I have a super fantastic GST calculator that can help you avoid any of the issues some fiendishly orthodox set of buttons can run into. Using this requires no financial knowledge, no maths (thankfully) and no arithmetic whatsoever.
How to use GST Calculator?
I will tell you exactly what you would have to do and what are the semantics of it? (Tell me you don’t know what that word even means)
Breathe. It is no brainer.
Just den your production cost and GST percentage on that cost which you want to be evaluated!
My GST calculator can accrue data, do all the tough nut cracking and tell you that abysmal number you have to pay as tax. All you have to do is enter your net price and the GST percentage you want to be evaluated on that price. Once you have done this, you are good to go! This automated online GST calculator will magically tell you the production cost, CGST, SGST and the tax you have to pay.
Want me to elaborate further?
Okay. Let’s consider an example,
Say, your Net price is 708,000 Rs. and you want to calculate your tax for the slab of 5%
All you would have to do is toggle the position bar of the net price to 708,000 rs and the GST percentage slab bar to 5% ( As you move the toggle bar, you would see the amount of cgst, sgst, production cost changes, thus changing the amount of total tax for you)
As you do this, you would see the sgst, cgst and production cost reflected in on your screen, thus calculating the amount of tax you would have to be. The total tax is reflected in the topmost column of the screen.
Keep changing the two-position bars to any desired values whose GST you might want to evaluate.
Sounds pretty simple, right?
No maths, no arithmetic, no brainer!!!
It is designed to be so.
So what are you waiting for? Go ahead and check it out!
Also, check out some of our Best Business Ideas in India which you can easily start!