Easy Office
LCI Learning

cash sale

This query is : Resolved 

15 August 2017 dear sir my firm came under audit limit and I want to know is there any difficulties in selling goods to non gst registered person or gst registered person in cash ?? is there any procedure we have to follow to sell them in cash like taking their aadhar card or pan card xerox or any other thing.

15 August 2017 Single Cash sales more than Rs. 2Lakh or receipt of cash in parts more than 2 lakh against one transaction of sales is not allowable.


15 August 2017 no issues even if you sell to non gst dealer.


15 August 2017 dear sir/mam if I issued a tax invoice of rs 50000 to person on credit basis and the buyer is making whole amt payment by cash whether can I should record cash payment in

15 August 2017 dear sir/mam if I issued a tax invoice of rs 50000 to person on credit basis and the buyer is making whole amt payment by cash whether can I record cash payment in single day in my books or record the transcaton in 5-6 days in small amt

15 August 2017 No. B2B cash sales is not exceeding Rs 10k.

15 August 2017 You can receive and show the cash sales of 50k as mentioned by you even if It is B2B. For Buyer it is an issue not for you.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query