How much tax is to be levied on cash transactions of Goods and service – McqOptions

MCQOPTIONS

1.	How much tax is to be levied on cash transactions of Goods and services in excess of rupees two lakh from May 1, as notified in the union budget?
A.	2.5%
B.	1%
C.	1.5%
D.	3%
Answer» C. 1.5%

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