A popular Japanese electronics based company recently unveiled a very helpful and easy to use GST calculator in India. The models of calculator namely MJ-120GST which costs Rs 398 while the other model, MJ-12GST costs Rs 475 and are now available in the Indian market.
GST calculators are perfect for GST based invoicing said the company in a press release. For all five tax slabs- 0%, 5%, 12%, 18% and 28%, both the calculators contains GST tabs which saves time. As per the requirement of industry, these tax slab buttons can be changed.
There are five buttons, namely – GST+0, GST+1, GST+2, GST+3, GST+4 and under GST slabs it will store Gross value (net value + Tax), net value and tax paid. This will reduce the work of recalculating the values again and again.
The tax-mode application assists traders and taxpayers in calculating the base value of the products by subtracting tax value from the MRP. The tax mode includes application proficient in assuming net profit earned and the base value.
There is GST+/tax key in MJ-120GST which calculates values in multiple formats i.e. the base value from a gross value in Tax- mode and gross value from the base value in GST+ mode. Its GST GT key decides the gross value of GST based calculation and it can also calculate the grand total.
“As market leaders in the calculators’ category, Casio India is committed to making meaningful innovations that help its customers day in and day out. We are proud to announce the launch of the World’s first GST calculator. CASIO GST calculator’s features bring a refreshing touch to the whole calculator’s category. It will make manual invoicing easy and hassle-free,” said Kulbhushan Seth, VP, Casio India.
