First Goods and Service Tax Calculator by Casio

first goods and service tax calculator pic

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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