GST Suite
Extract GST amount from an inclusive price.
Extract the exact GST amount from a GST-inclusive total price. Useful for input tax credit claims and accounting — free online GST calculator.
GST Amount Extracted from Inclusive Price
Purpose
Calculates the GST portion embedded within a GST-inclusive price.
Formula
GST Amount = Net Price - (Net Price ÷ (1 + (GST Rate ÷ 100)))