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Cash transaction limit

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 July 2018 Dear experts,

We are pvt. ltd. company & gst registered in west bengal. we have purchased a printer of rs. 12400/- along with gst (gst invoice received) for office purpose , can we paid the same by cash in a single transaction? or can we pay the amount by cash in two transactions? so that we will not be liable any penalty. Though we can pay it by neft
or by a/c payee cheque, but we need to know for our knowledge.please advice

20 July 2018 You can't make cash payment of more than Rs.10000/- in a day to a single person.



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