A contract is Rs 2,40,000 plus 18% GST, invoiced at Rs 2,83,200. TDS on an intra-State payment?
ARs 2,832
BRs 4,800
CNo TDS applies
DRs 2,400
Answer & Solution
Correct answer: C. No TDS applies
Value is measured excluding taxes, so Rs 2,40,000 does not exceed Rs 2.5 lakh and no deduction arises.
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