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73.
Rounding
off turnover
The
amount of turnover for any tax period or for any calendar quarter shall be
rounded off to the nearest multiple of Rs.10/- (Rupees ten only) and for this
purpose if such amount is not a multiple of Rs.10/- (Rupees ten only), but is
Rs.5/- (Rupees five only) or more, the amount
shall
be increased to the next higher amount which is a multiple of Rs.10/- (Rupees
ten only) and if such amount is less than Rs.5/- (Rupees five only), the amount
shall be reduced to the next lower amount which is a multiple of Rs.10/- (Rupees
ten only); and the amount so rounded off shall be deemed to be the turnover of
the dealer for the purposes of the Act.
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