GST Calculator

What is GST?

Goods and Services Tax (GST) is an indirect tax levied on the supply of goods and services in India. It replaced multiple taxes like VAT, service tax, excise duty, etc. GST is a comprehensive, multi-stage, destination-based tax.

GST Rate Slabs in India

• 0% - Essential goods like fresh fruits, vegetables, milk, etc.
• 5% - Items of mass consumption like sugar, tea, spices, etc.
• 12% - Processed food, computers, smartphones, etc.
• 18% - Most manufactured items and services
• 28% - Luxury items, sin goods like tobacco, aerated drinks, etc.

Types of GST

• CGST (Central GST): Collected by the Central Government
• SGST (State GST): Collected by the State Government
• IGST (Integrated GST): Collected on inter-state supply of goods and services
• UTGST (Union Territory GST): Collected by Union Territories

GST Filing

GST returns need to be filed periodically (monthly, quarterly, or annually) depending on the type of taxpayer and turnover. The main returns are GSTR-1 (outward supplies), GSTR-3B (summary return), and GSTR-9 (annual return).