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Rounding off GST

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10 Points Posted on 30 July 2017
Shall GST must be rounded to nearest rupee. If GST comes 10.50, then how to rounded
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On 30 July 2017 at 19:36 Report
Replies (6)
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articale
57 Points Posted on 30 July 2017
it is 11
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On 30 July 2017 at 20:04
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ACCT
95 Points Posted on 30 July 2017
it may rounded. but credit in gst return will give Rs 10.50.
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On 30 July 2017 at 20:09
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Practice
4510 Points Posted on 30 July 2017

Kindly clear you are Purchaser & Seller

6 Reply
On 30 July 2017 at 20:12
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Practice
4510 Points Posted on 30 July 2017

Don't Round off 

Beacause if you round 0.60 in 1

At the time your purcahser when entered this invoice in Tally who faced problem

 

6 Reply
On 30 July 2017 at 20:16
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10 Points Posted on 30 July 2017
I am seller, someone told me that in tax invoice GST should be rounded
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On 30 July 2017 at 20:39
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Proprietor
4869 Points Posted on 30 July 2017
it is optional. it is your choice
18 Reply
On 30 July 2017 at 21:40


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