Make use of the GST Calculator and calculate the GST you will have to pay on your Goods and services you are selling through your business.
Goods and Services Tax is also known as GST. And you may have seen this during the tax filing. GST is a form of tax that the Government of India imposes at the national level on all the services and goods provided to the citizens. Several GST Calculators are available online, which you can use to determine the GST cost. The Government of India levies the GST on consumer goods and services at a national level. GST is derived from Value Added Tax (VAT). VAT is a kind of tax levied on the sale of goods and services. It is applied when a commodity is ultimately sold to the consumer.
VAT plays an integral part in the country’s GDP. While VAT is levied on the sale of goods and services, the actual tax, which is GST, is levied on customers or end-users who purchase goods and services. So VAT is an indirect tax which is paid to the government by customers but via producers of goods and services.