Purpose
The invoice total calculator estimates taxable value after discount, GST amount and final total.
Taxable value = Amount − Discount
GST = Taxable value × GST rate ÷ 100
Total = Taxable value + GST
GST = Taxable value × GST rate ÷ 100
Total = Taxable value + GST
Limitations
Discount treatment under GST depends on invoice terms, agreements, credit notes and statutory conditions. Confirm the legal position before reducing taxable value.
Frequently asked questions
Can post-supply discounts reduce GST?Only where statutory conditions and documentation requirements are satisfied.