Goods & Service Tax (GST) is an indirect tax (consumption tax) imposed in India by the government of India on the supply of goods and services. It is a comprehensive multistage and destination based tax in India. It has almost all the indirect taxes and applied at every stage of the production process so multistage tax. This tax is gathered from the point of consumption so-called a destination based unlike to previous taxes in India.
Goods and services are groups into 5 different slabs for imposing and collecting the Goods & Service Tax - 0%, 5%, 12%, 18%, and 28%. Petroleum products, alcoholic drinks, and electricity are not under any slab means no GST for these products and services. There are a few other methods to collect tax on these good & services.
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The Council offered a rate finder in the CBEC website. This is a simple search, wherein a business can search suitable GST rate of service or goods by putting in either SAC / HSN code any related keywords about goods or services.
The GST Calculator in India has made calculation easy and very simple for business everyone. The Calculator provides you instant results, hence saving a huge amount of time. You just need to enter the total amount of a service or goods and GST tax rate in the required field. After that, you just have to one click on the “Calculate” button and you will get the price of the goods/service. This calculator also provides you the option to add or remove services & Goods rates from the total price of the service or product.
HSN code system is applicable in India after the implementation of this tax. Although India has already been using the HS code system in the Central Excise & Customs regime.
It is a detailed categorization that added another 2 digits to 6-digits structure. There is a requirement to put the HSN code of the item in tax invoice under this tax.
Under this, there are 7 rates slabs for goods, each of which have been classified under a Schedule in the Rates Booklet for Goods. They are given as follows:
Under this, there are 5 rates slabs for services; each one has been classified in the Rates Booklet for Services. They are given as follows:
Goods and Services Tax (GST) is a unified indirect tax system implemented across India.
It replaces multiple indirect taxes with a single tax structure, removes cascading tax effects, and simplifies tax compliance for businesses while improving transparency and operational efficiency.
Read MoreGST in India is divided into multiple tax slabs such as 0%, 5%, 12%, 18%, and 28%.
The applicable GST rate depends on the nature of goods or services supplied. This slab-based structure ensures fair taxation and helps businesses determine the correct tax liability accurately.
Read MoreHSN codes classify goods, while SAC codes categorize services under the GST framework.
These standardized codes help identify correct GST rates, reduce classification errors, and ensure consistency in tax invoices, GST returns, and compliance across domestic and international trade.
Read MoreA GST calculator helps businesses quickly calculate GST amounts based on transaction value and tax rate.
It helps determine GST-inclusive and GST-exclusive prices accurately, reduces manual errors, and supports better financial planning and invoicing efficiency.
Read MoreIn intra-state transactions, GST is divided into CGST and SGST, while inter-state transactions attract IGST.
This distinction ensures accurate tax collection and distribution between the central and state governments and helps businesses comply with location-based GST regulations.
Read MoreSeair Exim Solutions provides structured trade intelligence, HS code insights, and customs-related data.
Our solutions help businesses align GST classification with import-export activities, reduce compliance errors, and make informed decisions using reliable market and shipment data.
Read MoreWe have successfully served many reputable clients for Import-Export Data Information Services. Here are some of our clients:
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