New Delhi : Japan-based electronics company Casio has expanded its product portfolio in India with the launch of two new GST calculators in India. These include MJ-120 GST and MJ-12GST priced at Rs 398 and Rs 475 respectively. Both calculators are available at retail stores across the country.
The company in a press release said that the GST Calculators are ideal for GST based invoicing. The two calculator come with in-built GST tabs for all five tax slabs — 0%, 5%, 12%, 18% and 28%, thus helps in saving time. Additionally, these tax slabs buttons are changeable as per industry needs.
These five buttons are named GST+0, GST+1, GST+2, GST+3, GST +4 and are said to store Gross value (net value + Tax), net value and tax paid under different GST slabs. This eliminates the need to recalculate the values repeatedly.
Their tax-mode application helps taxpayers and traders calculate base value of products by deducting tax from MRP. The Tax-mode is said to have its application in calculating base value and net profits earned.
The MJ-120 GST comes with a GST+/tax key that can calculate values in multiple formats i.e. gross value from base value in GST+ mode and base value from gross value in Tax- mode. Its GST GT key determine gross value of a GST based calculation. It can also be used for computing the grand total.
Kulbhushan Seth, VP, Casio India said, “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.”
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