The Two GST Formulas (With Worked Examples)
Everything in GST math reduces to two directions of the same equation:
Worked Example — Removing GST from an MRP
A gadget is priced at ₹23,600 including 18% GST:
1. Base = 23,600 ÷ 1.18 = ₹20,000
2. GST = 23,600 - 20,000 = ₹3,600
3. Intra-state invoice: CGST ₹1,800 + SGST ₹1,800