sivaram (Sr. Accounts Executive) (104 Points)
28 July 2017As per Fianance budget 2017-18 cash payments to restircted to 10000/- per day, is there any exception to Contract base transporter to this, earlier it was 35000/- please clarify.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 28 July 2017
No more exception.... As its followed....
As under GST its fall under RCM if the Transporter is URD
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(178099 Points)
Replied 28 July 2017
No change for cash payment limit to transporters...... as earlier of 35,000/- per day
CAclubindia
