GST and finance tools: user guide

Cost-plus invoice calculator

Most India centres bill their HQ at cost plus a mark-up. Enter this month's costs and the mark-up you have agreed, and see the invoice in INR and USD.

1. Enter this month's costs: salaries, rent, IT and other costs.
2. Add pass-through costs and the mark-up you agreed with HQ.
3. See the invoice to HQ in INR and USD.

• Cost plus: The India entity recovers its costs and earns an agreed mark-up for the services it provides to HQ.
• Pass-through costs: Costs paid on behalf of HQ with no value added are often billed at cost, without a mark-up. Keep proof of each one.

GST calculator

Add GST to a price or take it out of a total, with the CGST and SGST or IGST split, in one step.

1. Enter the amount.
2. Choose whether GST is to be added or is already included, and pick the rate.
3. Choose within your state or to another state, and see the CGST, SGST or IGST split.

• Adding GST: GST = amount × rate ÷ 100. Total = amount + GST. ₹10,000 at 18% is ₹1,800 GST, ₹11,800 in all.
• Removing GST: Amount before GST = total × 100 ÷ (100 + rate). ₹11,800 at 18% is ₹10,000 before GST and ₹1,800 GST.

GST late fee calculator

Missed a GST due date? See the late fee with the caps for your turnover, the CGST and SGST split, and the interest on tax paid late.

1. Pick the return and whether it is a nil return.
2. Enter last year's turnover and any tax paid late in cash.
3. Enter the due date and filing date to see the late fee and interest.

• Monthly returns: GSTR-3B and GSTR-1: ₹50 a day (₹20 for a nil return), split equally between CGST and SGST. Capped at ₹2,000, ₹5,000 or ₹10,000 by turnover, and ₹500 for nil returns.
• Annual return: GSTR-9: ₹50, ₹100 or ₹200 a day by turnover, capped at 0.04% of turnover up to ₹20 crore and 0.5% above. GSTR-9 is optional up to ₹2 crore.

What separate tools are really costing you

Subscriptions are only part of the cost. Re-typing data between tools and reconciling at month-end costs hours every week. Move the sliders to see your number.

1. Enter employees and how many separate tools and spreadsheets you use.
2. Add the average tool cost and hours a week spent re-typing and reconciling.
3. See what separate tools really cost you in a year.