Withdrawl of 500 and 1000
This query is : Resolved
09 November 2016
I am a Retail trader. Most of my dealings are by Cash. The amount received in account of Sale , i deposits in my firm's Bank current Account. So i would like to know that Shall i collect 500, 1000 from the customer, and can i deposit in firm's bank current Account ?
09 November 2016
From today it is not a legal tender you can't collect it now from the customer. What ever cash you have you can deposit in your bank ac.
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