How to define threshold amount for TCS Tax - India Localization

Summary:

This is related to india localization.

Basically we want to know how we can configure the tcs amount threshold in system.

Below is the ask for business requirment:

If for 1 customer, Sales order amount or AR Transaction amount crosses Rs. 50,00,000 in any financial year. Then on that transaction TCS tax should be applicable automatically by system.

For meeting the above client requirment we need to know how system can be configured to provide threshold of Rs. 50,00,000.

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