- The amount of turn over 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.
