Every seller shall collect tax at source from the buyer at the time of debiting of the amount payable by the buyer to the account of the buyer; or receipt of such amount from the buyer in cash or by cheque or draft or any other mode, whichever is earlier, collect tax at source at the rate of ________ in case of tendu leaves.
A. 1%
B. 2.50%
C. 2%
D. 5%
Answer:D
Every seller shall collect tax at source from the buyer at the time of debiting of the amount payable by the buyer to the account of the buyer; or receipt of such amount from the buyer in cash or by cheque or draft or any other mode, whichever is earlier, collect tax at source at the rate of ________ in case of tendu leaves.
A. 1% B. 2.50% C. 2% D. 5%