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Q.

Calculate the Due date for bill.

Date of BillPeriod of BillDays of graceDue date
12th July1 Month3?
1st October30 days3?
Tamil Nadu DgeTamil Nadu HSC First Year (DGE) Commerce Board 2024Subjective· 2mImportance★★★★★
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Add the bill's period to its date, then add 3 days of grace; if the day falls on a public holiday, move to the preceding working day. Bill 1 → 14 August; Bill 2 → 3 November.

Rule: Due date = (Date of bill + period stated) + 3 days of grace. When the period is in months the same date of the later month is taken; when in days the exact number of days is counted (excluding the date of the bill). If the final day is a recognised public holiday, the bill is due on the preceding business day.

Bill 1 — 12th July, 1 month, 3 days grace

StepResult
12 July + 1 month12 August
+ 3 days of grace15 August
15 August is Independence Day (public holiday) → preceding working day14 August
…

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