GST Calculator Turkey
GST Calculation Workout in Turkey?
In Turkey, the 18% GST(also in India) is applied to goods and services. With the help of online GST calculator Turkey you can easily calculate your GST amount. Goods and Services Tax in Turkey was introduced on 31st December 2020. A manual way to find GST Inclusive and exclusive is given below
GST Inclusive Calculation Turkey
Work backward to find the GST and exclusive amounts from the total GST inclusive price we have to follow some steps
To get the GST part of the GST inclusive amount you need to divide the GST inclusive amount by 118 and multiply by 18
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 118
Example
Lets we have an amount of $300
To get GST inclusive amount these are the simple steps to work out
- Calculating GST Part
(300/118)*18=$45.76 - Net Value
(300*100)/118=$254.24
GST Exclusive Calculation Turkey
To add the GST amount just multiply the exclusive amount by 1.18
To Add 18% GST
Let’s assume we have GST exclusive amount and we have to calculate the GST inclusive these are the following steps to perform
- $200 * 18% = $36
- $200 + $36 GST= GST inclusive
Example
Lets we have a amount of $300
- $300+GST
= $300 * 1.18
= $54 is GST amount
= $354 is GST inclusive Amount