Is 11 rupees round off allowed in gst ?
Menu
Round off rule
Replies (4)
Quick Summary
No.....
In term of Section 170 of CGST Act , the rounding off can be upto the nearest rupee. ,where such amount contains a part of rupee consisting of paise, then ,of such part is fifty paise or more , it's shall be one rupee & if such part is less then 50 paise it shall be ignored
In term of Section 170 of CGST Act , the rounding off can be upto the nearest rupee. ,where such amount contains a part of rupee consisting of paise, then ,of such part is fifty paise or more , it's shall be one rupee & if such part is less then 50 paise it shall be ignored
You can round off to nearest rupee only
Rounded off to the nearest rupee
Only threshold prices are rounded
Recent Topics :
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
Related Topics :
CAclubindia
