Click the "Allow" button to receive notification
We're constantly crafting offers and deals for you. Get them delivered straight to your device through website notifications.All You Have To Do Is Click On "Allow".
Register below to be eligible for
Exclusive offers from Tata Capital
You will not be eligible for exclusive offers from Tata Capital
We will notify you in case any special offers are available
Pre-payment of a Business loan involves repaying a large instalment of your loan before the due date. The Business Loan pre-payment calculator allows you to assess the effect of such early loan repayments on your finances including your resultant EMI, tenor etc.
Follow these steps to calculate your total GST implications:
The output will display the Gross price along with the total tax implications.
A business loan GST calculator is a handy and useful online tool using which you can quickly calculate the amount of GST applicable on your business loan.
First, you need to select between wholesaler, COG, or COP. For wholesaler, you need to input Net Price and GST%, for COG, you need to enter the Cost of Goods and Profit Ratio %, and for COP, you need to input Cost of Production and Profit Ratio %. Once done, the calculator will automatically display the Gross Price within seconds.
GST on business loan can be calculated in two ways - the manual method and the automatic method. For the manual method, you need to first determine the rate of GST applicable on your business loan.
To add GST, deduce the GST amount as such – (Original Cost x rate of GST in %)/100 and the Net Price as Original Cost + GST. To remove GST, the following formula will apply for calculating GST amount = Original Cost – [Original Cost x 100/(100+GST)] and the Net Price here will be equal to Original Cost – GST amount.
Let’s consider an example – A machinery is sold for Rs. 5,00,000 and the rate of GST applicable on that equipment is 12%, then the Net Price will become Rs. 5,00,000 + 12% of Rs. 5,00,000. The answer will come as – Rs. 5,00,000 + Rs. 60,000 = Rs. 5,60,000.
You can also use a fast and hassle-free online tool such as the business loan GST calculator to know the Gross Price within seconds. Learn about our business loan fees and charges.
Are you an ambitious female entrepreneur with your sights set on financial independence? Spur business growth with Tata Capital’s Business Loans for Women. Designed exclusively for you, our loans are unsecured and available at competitive interest rates.Know More
Make an investment in your company’s future with updated and advanced machinery. Choose a Tata Capital Business Loan to buy machinery and experience enhanced productivity, improved quality, and an incredible ROI.Know More
Empower your business and nurture its growth with custom-built loans at Tata Capital. Our SME and MSME Loans offer timely and adequate financial support to your venture. Get a quick SME and MSME Loan at Tata Capital and propel your business to success.Know More
WHY CHOOSE US