How to calculate GST amount.

How to calculate GST amount.

GST may be calculated easily with the help of below link.


https://www.paisabazaar.com/tax/gst-calculation-tool/

if Management fee is Rs 100 (Inclusive of gst ) then 84.7455 is actual management fee and rest is gst.

₹ 10 inclusive of GST = 8.47
₹ 15 inclusive of GST = 12.71
₹ 20 inclusive of GST = 16.95
₹ 50 inclusive of GST = 42.37
₹ 100 inclusive of GST = 84.75
₹ 200 inclusive of GST = 169.49

How to calculate 18% inclusive of gst -

Say we want to charge ₹ 15 as management fee including gst then

15 x 100 / 118 =   12.7118   is the taxable value(Management fee)
18.71*18%      =   2.2878    is the gst amount on 12.71
Total amount   =   14.9996   = 15 squared off