Vat Calculator India – Standard tax Rate in India is 18%
The Standard VAT Rate in India is 18%. Now you can calculate the tax with our Vat Calculator India.
Goods and services tax
| Higher | 28% |
| Standard | 18% |
| Reduced | 12%, 5% |
| See More | IndiaFilings |
Vat Calculator India
- Select your country; the vat calculator will automatically detect the updated India vat rate
- Enter the amount
- Add Tax or Remove Tax
- Press the calculate button to see the result
How to calculate value-added tax in India
Formula:
Add Tax
Tax Amount = ( Original Cost * VAT% ) / 100
Net Price = Original Cost + Tax Amount
Remove Tax
Tax Amount = Original Cost – ( Original Cost * ( 100 / ( 100 + VAT% ) ) )
Net Price = Original Cost – Tax Amount
What is the rate of VAT in India?
The standard VAT rates are 18% and 12%. The reduced rate is 5%. India also has some zero-rated goods, the sale of which must still be reported on your VAT return, even though no VAT is charged.
Did you know that the standard vat rate in India is now 18%? This means that when you purchase goods or services, you will be charged an additional 18% on the total cost. However, there are certain items that are exempt from the vat, such as food and drugs. In this article, we will discuss vat rates in India and how to use a vat calculator to calculate the tax on your purchases.
When you go to purchase goods or services in India, the vat rate is automatically applied to the total cost. This vat rate is set by the government and is currently 18%. However, there are some items that are exempt from the vat, such as food and drugs. If you want to calculate the vat on your purchase, you can use a vat calculator.
Visit our Online VAT Calculator for all the vat calculations. It includes most countries in the world like, Namibia, UK, South Africa, Germany, Ireland, Philippines, Malta
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