How to Calculate GST (Goods and Services Tax) - 1 views

• 
  #1 watson26 on 27 Mar 25

   

  Goods and Services Tax (GST) is a value-added tax applied to the sale of goods and services in many countries. To calculate GST, you can use the following formulas:
  
  1️⃣ To calculate GST amount:
  
  GST Amount
  =
  Original Price
  ×
  GST Rate
  100
  GST Amount=
  100
  Original Price×GST Rate
  ​
  
  2️⃣ To find the final price (including GST):
  
  Final Price
  =
  Original Price
  +
  GST Amount
  Final Price=Original Price+GST Amount
  3️⃣ To extract GST from a GST-inclusive price:
  
  GST Amount
  =
  Total Price
  ×
  GST Rate
  100
  +
  GST Rate
  GST Amount=
  100+GST Rate
  Total Price×GST Rate
  ​
  
  For example, if an item costs $100 and the GST rate is 10%, the GST amount is $10, making the total price $110. If you dont want to calculate it manually then i have found this site GST Calculator on the internet which quickly gives you wether you want to add or remove GST from a given amount

   

  <div class="cArrow"> </div><div class="cContentInner">Goods and Services Tax (GST) is a value-added tax applied to the sale of goods and services in many countries. To calculate GST, you can use the following formulas: <br /> <br /> 1️⃣ To calculate GST amount: <br /> <br /> GST Amount <br /> = <br /> Original Price <br /> × <br /> GST Rate <br /> 100 <br /> GST Amount= <br /> 100 <br /> Original Price×GST Rate <br /> ​ <br /> <br /> 2️⃣ To find the final price (including GST): <br /> <br /> Final Price <br /> = <br /> Original Price <br /> + <br /> GST Amount <br /> Final Price=Original Price+GST Amount <br /> 3️⃣ To extract GST from a GST-inclusive price: <br /> <br /> GST Amount <br /> = <br /> Total Price <br /> × <br /> GST Rate <br /> 100 <br /> + <br /> GST Rate <br /> GST Amount= <br /> 100+GST Rate <br /> Total Price×GST Rate <br /> ​ <br /> <br /> For example, if an item costs $100 and the GST rate is 10%, the GST amount is $10, making the total price $110. If you dont want to calculate it manually then i have found this site <a rel="nofollow" href="https://calculatorgst.com.au/">GST Calculator</a> on the internet which quickly gives you wether you want to add or remove GST from a given amount</div>

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