What is the monetary limit for total value of supply of taxable goods in order to attract deduction of tax at source by Government under GST?

CS Executive · Tax Laws and Practice · PYQS · December 2019
What is the monetary limit for total value of supply of taxable goods in order to attract deduction of tax at source by Government under GST?
(A) ₹5 lakhs
(B) ₹2.5 lakhs
(C) ₹2 lakhs
(D) ₹50,000

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: GST

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