The Casio India Company has launched the world’s first GST calculator. With the GST rolled out in 2017, Casio India accepted the mission to provide a single solution for all GST-based calculations.
The company introduces two new innovations i.e MJ-120 GST and MJ-12GST calculator for the Indian market.
This calculator is fitted out to navigate the challenging environment and develop smooth functionality by easing GST computation.
Mr. Kulbhushan Seth, Vice-President, CASIO India said, he is proud to declare the launch of the World’s first GST calculator. The CASIO GST calculator’s features bring a refreshing touch to the whole calculator’s class. It will make manual invoicing easy and hassle-free for GST calculation.
First Goods and Service Tax Calculator Features
Below are the key features of the Casio MJ-12 GST and MJ-120GST:
a)With In-built GST tabs
It has all the five (0%, 5%, 12%, 18% and 28%) GST are in-built in MJ-120GST and MJ-12GST.
Also, Separate buttons for the GST slabs will radically reduce the number of clicks. Once can change the tax slabs as per the industry needs.
The Gross value (net value + Tax), net value and tax paid under different GST slabs stay stored in the GST+0, GST+1, GST+2, GST+3, GST +4 buttons. Also, the overall value in the five slabs stays stored in the GST GT button. Therefore there’s no need to recalculate the values repeatedly.
b) The Tax- Mode application
Casio India noticed that taxpayers and traders calculate the base value of products by deducting tax from MRP(Maximum Retail Price). Therefore, a TAX- feature for all existing GST slaps to calculate the base value from MRP is introduced. The Tax-mode has its application in calculating the base value and net profit earned.
C)For Multi-industry use
The Functionality of GST+/tax- key makes MJ-120GST can calculate values in multiple formats i.e. a gross value from the base value in GST+ mode. Also, it can calculate the base value from the gross value in Tax- mode. Similarly, the GST GT key can calculate the gross value of a GST based calculation. Further, it can also be used for calculating the grand total of a calculation.
Market Price: MJ-12GST for INR 398/- | MJ-120GST for INR 475/-
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