Section 38AA in Andhra Pradesh General Sales Tax Act, 1957
38AA. Rounding off of turnover.
- The amount of turnover shall be rounded off to the nearest multiple often rupees and for this purpose any part of a rupee consisting of paise shall be ignored and thereafter if such amount is not a multiple of ten, then, if that last figure in the amount is five or more, the amount shall be increased to the next higher amount which is multiple of ten and if the last figure is less than five, the amount shall be reduced to the next lower amount which is a multiple of ten; and the amount so rounded off shall be deemed to be total turnover of the assessee for the purposes of this Act.
