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50 LAC THRESHOLD LIMIT

This query is : Resolved 

15 June 2022 UNDER 194Q TDS ON PURCHASES GOODS-

IS THRESHOLD LIMIT OF 50 LAC INCLUSIVE OF GST OR EXCLUSIVE OF GST

PL.GUIDE ELBORATELY

15 June 2022 It's exclusive of GST.

15 June 2022 Please refer CBDT Circular 13/2021 in support of the above observation.


25 June 2022 ACCORDING MY INFORMATION 50 LAKH THRESHOLD LIMIT IS INCLUSIVE OF GST & 10 CRORE THRESHOLD LIMIT IS EXCLUSIVE OF GST UNDER 194Q
IS IT RIGHT.

25 June 2022 In my opinion, the threshold limit of 50 Lacs is excluding GST.



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