The Tool below is a tax calculator which will help you to identify the GCT Price and the GCT Net Total.
Frequently Asked Questions about GCT / FAQ
What is GCT?
How is GCT calculated?
Tax = Original Cost times GCT Type Rate divided by 100
Example = Original Cost x GCT Type Rate/100
Example = 20 x 15/100
GCT Value = 3.00
GCT Net Total = Original cost + GCT Value = 23.00
What are the GCT Rate Types?
Telephone Services – 25%
Tourism Services – 10%
General Old/Historical Rate – 16.5%