Check Your Tax Working

BASIC PRODUCT PRICE EXICE RATE CGST RATE
MANUFACTURER VALUE ADDITION VAT SGST RATE
DEALER VALUE ADDITION

Current TAX Structure

Supplier From Maharashtra Manufacturer Maharashtra Dealer Maharashtra
Input Cost 1000.00 Input Cost 1350.00
Basic Price 1000.00 Value Addition 200.00 Dealer VA 100.00
Excise Rate 12.50 125.00 Total Value 1200.00 Total Value 1450.00
VAT 13.50 151.88 Output Tax Liability Output Tax Liability
Invoice 1276.88 Excise 12.50 150.00 Excise 12.50 NA
VAT 13.50 182.25 VAT 13.50 195.75
Invoice 1532.25 Invoice 1645.75
Input Credit Available Input Credit Available
Excise 12.50 125.00 Excise 12.50 NA
VAT 13.50 151.88 VAT 13.50 182.25
Net TAX Paid Cash Flow Net TAX Paid Cash Flow
Excise 12.50 25.00 Excise 12.50 NA
VAT 13.50 30.38 VAT 13.50 13.50

GST Intra State

Supplier From Maharashtra Manufacturer Maharashtra Dealer Maharashtra
Input Cost 1000.00 Input Cost 1200.00
Basic Price 1000.00 Value Addition 200.00 Dealer VA 100.00
CGST 9.00 90.00 Total Value 1200.00 Total Value 1300.00
SGST 9.00 90.00 Output Tax Liability Output Tax Liability
Invoice 1180.00 CGST 9.00 108.00 CGST 9.00 117.00
SGST 9.00 108.00 SGST 9.00 117.00
Invoice 1416.00 Invoice 1534.00
Input Credit Available Input Credit Available
CGST 9.00 90.00 CGST 9.00 108.00
SGST 9.00 90.00 SGST 9.00 108.00
Net TAX Paid Cash Flow Net TAX Paid Cash Flow
CGST 9.00 18.00 CGST 9.00 9.00
SGST 9.00 18.00 SGST 9.00 9.00

Comparison

GST Scenario   Current TAX Scenario
Basic Cost 1000.00   Basic Cost 1000.00
VA by Manufacturer 200.00   VA by Manufacturer 200.00
VA by Dealer 100.00   VA by Dealer 100.00
Total Landed Cost 1300.00   Total Landed Cost 1300.00
CGST 117.00   Excise Duty 150.00
SGST 117.00   Total VAT 195.75
Landed Price 1534.00   Landed Price 1645.75
 
Total Tax Collection 234.00   Total Tax Collection 345.75
Net TAX % 18.00%   Net TAX % 26.60%
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