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cash sale

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(Querist)
21 June 2016 maximum cash per bill is there any limit in cash sale under DVat
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Ashwani Narnoli

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Ashwani Narnoli (Expert)
22 June 2016 If the value of single invoice exceeds Rs 2 lakh and any amount is received in cash, then you have to collect 1% tcs on total value of invoice. In any other case there is no limit
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dharmendra goyal

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dharmendra goyal (Querist)
22 June 2016 sir it is only in case of bullion and jewellery if sale is 200000 and 500000 respectly
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dharmendra goyal

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dharmendra goyal (Querist)
22 June 2016 Jo limit h usme Vat inclusive hoga ya nahi
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Ashwani Narnoli

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Ashwani Narnoli (Expert)
22 June 2016 The limit of Rs 2 lakh is applicable on all goods and services with effect from 01.06.2016. Futher, this limit is inclusive of VAT
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dharmendra goyal

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dharmendra goyal (Querist)
22 June 2016 thanks sir

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