The amount of tax or penalty payable or refundable for any period under the provisions of this Act shall be rounded off to the nearest rupees and, for this purpose. Where such amount contains a part (a rupee, then, if such part if fifty paise or more, it shall be increased to one rupee and, if such part) is less than fifty paise, it shall be ignored.
Section 38: Rounding off of the amount of tax or penalty
The Meghalaya Value Added Tax Act 2003 (Act No.2 of 2005).pdfState Act of Meghalaya · Act 2 of 2005
Where this provision sits
| Act | The Meghalaya Value Added Tax Act 2003 (Act No.2 of 2005).pdf |
|---|---|
| Section | 38 |
| Marginal note | Rounding off of the amount of tax or penalty |
| Jurisdiction | State of Meghalaya |
| Status | In force as published by the source |
Find the provision, not just read it
The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:
- Search 49,000+ Central and State enactments by what a provision says, not by its number
- Jump from any section to every judgment that has applied it
- Search 300 million+ Indian court records alongside the statute
- Ask a research agent to find and read the case law on a provision for you
Free account. No card. About a minute to create.
Create a free accountNeed this as data, not as a page? The Meghalaya Value Added Tax Act 2003 (Act No.2 of 2005).pdf is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.