This the Formula To Find GST: GST Amount = (Original Cost*GST Rate Percentage) / 100
Net Price = Original Cost + GST Amount
GST (Goods and Services Tax) is a big tax reform in India. GST was introduced to simplify the Indian economy by eliminating multiple indirect taxes .You only need four types GST in Tally, IGST(Integrated Goods and Services Tax), CGST(Central Goods and Services Tax), SGST(State Goods and Services Tax) & Cess. Tally will take care of all percentage of tax rate and it will also handle Input GST and GST liability.
This Is The Way to get tax information : 1.Go to Gateway of Tally > Accounting Vouchers > F8: Sales & record your sales entry.
2. Click A : Tax Analysis to view the tax details.