Get the CGST Amount by using the following formula: =G13*I13 We used the following formula for having the SGST Amount. =G13*K13 To calculate the Taxable Amount, we will use the following formula: =J13+L13 By using the following formula, we will sum up the amounts of the products...
Central GST: Also called CGST, it is collected by the Central Government. Integrated GST: Also called IGST, is to be paid to the Central Government for inter-state transactions. Union Territory GST: Also called UTGST, it is to be paid to the Union Territory Governments. All the 5 UTs- ...
so do the profits. Most investors tend to use this iteration of the formula to calculate the forecasts and growth projects. Based on a certain percentage, investors can calculate the potential profits if revenues doubled or tripled.
Well, it is quite easy to calculate tax in excel. The VAT (Value Added Tax) is most common type of tax that is applied to goods. Now GST (Good and Services Tax) is applied to almost every kind of goods but for some products like liquors, VAT is still there. You can c...