With these formulas, you should now be able to find and calculate the GST quickly. Let us now look at the drafting of a formula to calculate the GST content of a GST amount inclusively. In the video tutorial at the top of the page, I will guide you step by step through each of the formulas listed above.Äownload the workbook and use it as your own GST calculator, or use it to follow the video. The same result would have been found if you had used 115% instead of 1.15. In the following cell B12, the number without GST (excluding the number) is multiplied by 1.15 to calculate the total including GST. You can enter one of the two values in the formula and Excel will give you the right answer. In the following example, B5 was multiplied by 0.15, or 15%. Total GST payable = (total GST charged on invoice + debit note) The GST calculator is an electronic device or online software that can calculate the amount of tax on the specified price. Similarly, you can also calculate it by following the simple formula as follows. You can calculate the GST payable using our following Excel file. Select the cell in which you want to place the calculated result, type the formula =B1*B2 (B1 is the tax-free price and B2 is the tax rate), and then press Enter.
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