How to calculate GST (formula for GST inclusive, exclusive, before, after, reverse) ?
Reverse Calculation/Formula to Get GST Exclusive (Price Before GST)
- What you know = Price After GST = example : RM 100
- Price before GST (Exclusive) = Price After GST / 1.06 = RM 100 * 1.06 = RM 94.34
- GST paid = Price before GST * 0.06 = RM 94.34 * 0.06 = RM 5.66
Calculation/Formula to Get GST Inclusive (Price After GST)
- What you know = Price Before GST = example : RM 100
- Price after GST (Inclusive) = Price Before GST x 1.06 = RM 100 * 1.06 = RM 106
Use our friendly online GST calculator .
Answered on June 18, 2015. 2015-06-18 02:20:05