cash sale
This query is : Resolved
06 September 2017
Plz tell me the limit of cash sale under GST for selling service to un register dealer
07 September 2017
Less than Rs.10000/-
07 September 2017
Thnxx Mam............
07 September 2017
mam this is for per person or whole day..
07 September 2017
Cash sales to Registered dealer is 10k.
Cash Sales To URD less than 2lakhs. Above 50k collect his details... In case above 2lakhs to URD fall u/s 269ST Un IT...
07 September 2017
(In case above 2lakhs to URD fall u/s 269ST Un IT... if Cash Sale)
10 September 2017
NO ANY LIMIT FOR CASH SALE IN GST ACT AND INCOME TAX ACT. BUT IF YOU AS A SELLER ARE UNREGISTERED IN GST AND SUPPLY (SALE) TAXABLE GOODS OR SERVICES TO REGISTERED DEALER IN GST , THAN SUCH REG.DEALER WILL BE LIABLE TO PAY GST UNDER RCM IF VALUE OF SUCH GOODS/SERVICES EXCEED RS 5000 IN A SINGLE DAY.
EVEN UNDER INCOME TAX ACT, IF YOUR CUSTOMER IS LIABLE TO TAX AUDIT U/S 44AB OF I.T.ACT,1961, HE CANT PAID OVER RS 10000 IN CASH TO YOU FOR SALES MADE BY YOU TO HIM.
EVEN UNDER INCOME TAX ACT, IF YOUR CUSTOMER IS LIABLE TO TAX AUDIT U/S 44AB OF I.T.ACT,1961, HE CANT PAID OVER RS 10000 IN CASH TO YOU FOR SALES MADE BY YOU TO HIM.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- SEC 54 OF IT ACT
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Is Aadhar PAN linking required for opening bank account?
- Form 26QB for TDS on property
- Residential status for filling income tax returns in India
- Whether still royalty
- BLOCKED-INELIGIBLE GST CREDIT
- Amendment of September 2021 Invoice
- Partnership Business Can start India (two partners one is Indian and OCI both are wife and Husband)
- Appeals vs Writ court -certain doubt
- Withholding tax applicabikity for foreign paymenttowqards physio therapy treatment
- Input credit reversal for the FY2023-24
- Regarding Form 15CA & CB
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
