Rounding off rules

As per the goverment of India what is Rounding off rules.

Please share the copy of same 

Replies (4)

What is rule or law for Rounding off in India especially for retail billing? for example 10.49 INR & 10.51 INR. How to do rounding which should be legally acceptable

Originally posted by : Sameer Gadam
What is rule or law for Rounding off in India especially for retail billing? for example 10.49 INR & 10.51 INR. How to do rounding which should be legally acceptable

10.49 to 10

10.51 to 11... if both are/in Grand Total.

Thats very much true. I am in need of copy mentioning same to provide as supporting or evidence during hearing.

 

Originally posted by : Sameer Gadam
Thats very much true. I am in need of copy mentioning same to provide as supporting or evidence during hearing.

 

 

https://www.rbi.org.in/commonman/English/Scripts/Notification.aspx?Id=241

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