Cash payment

J.SINGH (ACCOUNTANT) (61 Points)

31 January 2020  

Dear All Expert

I hv purchased the cloth Rs 51.0 0 lac from my buyer by multiple bills each bills above Rs 2 lacs. 

So my query is this can I pay the payment in cash against each translation Rs 2 lac. 

Suppose I paid Rs 10 lacs against 5 transaction  to my supplier will not it be violation of 269 st or it is permissible. 

Regards