GST Calculator Egypt
How to Calculate GST in Egypt?
In Egypt, the 10% GST is applied to goods and services. With the help of online GST calculator Egypt you can easily calculate your GST amount. Goods and Services Tax in Egypt was introduced on May 3, 1991. Learn more about GST implications in Egypt. A manual way to find GST Inclusive and exclusive is given below.
Formula used by GST Calculator Egypt
GST Inclusive Calculation Egypt
To get the GST amount from the GST inclusive we have to do some steps
To get the GST part of the GST inclusive amount you need to divide the GST inclusive amount by 110 and multiply by 10
To get GST exclusive amount while knowing GST inclusive value you need to multiply GST inclusive price by 100 and then divide the result by 110
Know more details about removing GST amount.
Example
Lets we have an amount of $300
To get GST inclusive amount these are the simple steps to work out
- Calculating GST Part
(300/110)*10=$27.27 - Net Value
(300*100)/110=$272.73
GST Exclusive Calculation Egypt
To add the GST amount just multiply the exclusive amount by 1.1
To Add 10% GST
Let’s assume we have GST exclusive amount and we have to calculate the GST inclusive these are the following steps to perform
- $100 * 10%
- $100 + $10 GST= GST inclusive
Example
Lets we have a amount of $200
- $200+GST
= $200 * 1.1
= $20 is GST amount
= $220 is GST inclusive Amount