⌖ GST
GST MRP Calculator.
Work out the MRP given a base price and GST rate, or the other way round.
⌖ Inputs
⌖ Result
Maximum Retail Price (MRP)
₹165
Cost-plus-margin of 40% with 18% GST applied on top.
Product cost
₹100
Selling price (pre-GST)
Cost + 40% margin
₹140
GST @ 18%
₹25
MRP (inclusive)
₹165
Effective markup over cost
65.2%
⌖ §I / Formula
The math,
in the open.
MRP is the consumer-facing inclusive price: the cost stacked with margin, then GST applied on top. The reverse (extracting GST from a printed MRP) is handled by the standard GST Calculator in extract mode.
Selling (pre-GST) = Cost × (1 + margin%)
MRP = Selling × (1 + GST rate%)
For products under the Legal Metrology (Packaged Commodities) Rules, the MRP printed on the package must be the inclusive figure. The consumer pays exactly the MRP at the counter, regardless of any internal pre-tax pricing.