Tax Inclusive vs Exclusive Pricing – GST on Price

Is the price you see inclusive or exclusive of GST? It matters for your margin.

Exclusive

Price shown is before GST. Customer pays: Price + GST. Example: ₹100 + 18% GST = ₹118 total.

Inclusive (Common for MRP)

Price already includes GST. MRP ₹118 = tax-inclusive. Base = 118 ÷ 1.18 = ₹100. GST = ₹18. Use our Tax Inclusive Calculator.

For Shop Owners

When you buy: check if quote is inclusive or exclusive. When you sell: display clearly. B2B invoices usually show tax separately. B2C often shows MRP inclusive.

Stockkeeper for GST billing. Join the waitlist.