GST Guide
What is the difference between Exclusive & Inclusive?
- GST Exclusive: Tax is added on top of the price.
Example: Product ₹1000 + 18% GST = Bill ₹1180. - GST Inclusive: Tax is included inside the final price.
Example: You sold an item for ₹1180. This calculator reverse-calculates that the original value was ₹1000 and tax was ₹180.
Current GST Tax Slabs in India
The 4 major GST slabs are:
- 5%: Household necessities (Edible oil, sugar, spices, tea).
- 12%: Computers, processed food, mobiles.
- 18%: Capital goods, toiletries, industrial intermediaries, services (Most common).
- 28%: Luxury items (Cars, ACs, cigarettes, aerated drinks).
Understanding CGST, SGST, and IGST
If you sell within the same state, tax is split equally into CGST (Central) and SGST (State). If you sell to another state, a single tax IGST (Integrated) applies.