Finance January 18, 2024

GST Inclusive vs Exclusive Price

Understand the difference between GST inclusive and GST exclusive pricing.

Share:

GST Exclusive

When GST is not included in the displayed price. GST is added on top of the base price during billing.

GST Inclusive

When GST is already included in the displayed price. The customer pays the displayed amount.

How to Calculate

GST Exclusive: Final = Base x (1 + GST Rate/100)
GST Inclusive: Base = Final x 100 / (100 + GST Rate)

Example

Base price: 1000, GST: 18%
Exclusive: 1000 + 180 = 1180
Inclusive: 1180 -> Base = 1180 x 100/118 = 1000