Indicative customer rates 
GST Calculator

GST on Forex Transactions

GST is charged at 18% on a small slab-based value of your transaction — not on the whole amount. See the taxable value and the GST on it.

← All tools

Enter the rupee value of your foreign currency, forex-card load or remittance. GST at 18% applies to the slab value together with the flat ₹100 service charge — the same base your order uses, so this agrees with your quote.

The slab. Taxable value is 1% of the amount up to ₹1 lakh; ₹1,000 plus 0.5% of the amount between ₹1 lakh and ₹10 lakh; and ₹6,000 plus 0.1% of the amount above ₹10 lakh, with a minimum of ₹250. GST at 18% applies to that value plus the ₹100 service charge. Indicative only.
Chat on WhatsApp