Sir
Pleasetell the procedure of doing cash sales to both registered and unregistered dealers under gst rulel
10 Replies
sanjay singhal
(59 Points)
Replied 20 May 2017
i think there is no issue of cash under gst act. it will be governed as per IT Act .
rohit
(none)
(186 Points)
Replied 20 May 2017
| Originally posted by : siddharath | ||
 |
No. Cash sale made to retailer by wholesaler |  |
Sec 40A(3) Cash payment exceeding Rs.10,000 in a single day not allowed as deduction under Income Tax Act.
Tushar Tulsian
(124 Points)
Replied 22 May 2017
According to Sec 40a(3) it is disallowed to retailer no problem to the seller
Question is if someone or unknown person like hawkers came and purchase rs 24000 goods for cash from u for resale purpose but he is unregistered ,can u do cashsale to him and how to upload that bill under gst ..
Tushar Tulsian
(124 Points)
Replied 22 May 2017
According to Sec 40a(3) it is disallowed to retailer no problem to the seller
Question is if someone or unknown person like hawkers came and purchase rs 24000 goods for cash from u for resale purpose but he is unregistered ,can u do cashsale to him and how to upload that bill under gst ..
Tushar Tulsian
(124 Points)
Replied 22 May 2017
According to Sec 40a(3) it is disallowed to retailer no problem to the seller
Question is if someone or unknown person like hawkers came and purchase rs 24000 goods for cash from u for resale purpose but he is unregistered ,can u do cashsale to him and how to upload that bill under gst ..
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