Cash Sale Limit

17970 views 4 replies
what Is cash sale limit at per day or per month
Replies (4)
single party 10000 per day
there is no limit in gst but as per income tax act any transaction in cash should not be more than 2,00,000 lakh and if you sales less than Rs.50000 to unregistered dealer not necessary to fill receiver name and address in cash memo/ cash sales but if cash sale is more than Rs.50000 necessary to fill details with name and address and place of supply with code must be mentioned.
yes
in gst no cash sale restriction
in income tax act there is limit of 2 L per person per day.

THERE IS A LIMIT IN GST CASH SALE. PLEASE COMMENT ON THIS


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register