For reverse calculation of GST

For reverse calculation of GST
.
For 28% its 21.875%
For 18% it's 15.25%
For 12% its 10.72%
For 5% it's 4.765%
For 3% it's 2.92%
.
For Retailers
Formula for reverse GST calculation on MRP
for
GST 5% = .95238 x MRP
GST 12% = .89286 x MRP
GST 18% = .84746 x MRP
GST 28% = .78125 x MRP
example MRP 112 GST 12%
.89286x112 = 100
Please cross check yourself.
.
FOR RETAILERS FORMULA FOR REVERSE GST CALCULATION ON MRP
.
GST--5% MRP ÷1.05
GST--12% MRP÷1.12
GST--18% MRP÷1.18
GST--28% MRP÷1.28
FOR EXAMPLE 18% CALCULATION MRP 3000
3000÷1.18=2542
9%=229
9%=229
G.TOTAL=3000
By: via Everything CA

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