Rounding off of turnover

The amount of total turnover or taxable turnover shall be rounded off to the nearest multiple of hundred rupees and for this purpose if such amount is not a multiple of hundred, but is rupees fifty or more, the amount shall be increased to the next higher amount which is a multiple of hundred and if such amount is less than rupees fifty, the amount shall be reduced to the next lower amount which is a multiple of hundred; and the amount so rounded off shall be deemed to be the total turnover or taxable turnover of the dealer for the purposes of this Act.