Financial Planning

GST (Goods and Services Tax)

A value-added tax levied on goods and services in many countries, collected by businesses and remitted to tax authorities on a defined schedule.

GST tax obligation in cash forecast

What is GST (Goods and Services Tax)?

GST (Goods and Services Tax) is a consumption tax applied to goods and services in countries including India, Australia, Canada, and others. Businesses collect GST on sales and remit it to authorities, often netting against GST paid on purchases.

GST creates cash timing obligations: you may owe GST on revenue collected before you receive customer payment, or hold collected GST until filing deadlines.

GST liability reduces deployable cash even when it does not appear as an operating expense on the P&L in the same period.

Why it matters

Tax obligations silently reduce available cash. A business with strong bank balance but upcoming GST payment may have less deployable cash than the balance suggests.

Tracking GST deadlines alongside cash forecast prevents surprise outflows.

How RunwayCal helps

RunwayCal tracks GST and other tax obligations as scheduled outflows, reducing True Cash Position and appearing in cash forecasts on due dates.

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Track GST in your cash forecast

Model GST obligations as scheduled outflows so True Cash reflects what you can actually deploy.

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