how cash sale I can made under GST rules
9 Replies
Jatin
(Accountant)
(3479 Points)
Replied 19 May 2018
No rule under GST but you can't receive above Rs. 200000 for sale of goods under IT
Sagar Sahu
(22 Points)
Replied 19 May 2018
if we sold goods to a registered party in cash in 100000 .....
can we receive cash ....? from them if they don't pay from the bank?
can we receive cash ....? from them if they don't pay from the bank?
robinghosh
(accountant)
(180 Points)
Replied 19 May 2018
if I get 2,75000 in against 2 sale then is that good ?
SUDHAKAR GOYAL
(PROPRIETOR)
(23 Points)
Replied 19 May 2018
Sir, I purchased a goods of Rs,150000,250000 and 300000 from Ramesh & Co in different date . Now i want to pay in cash. Can
i pay of Rs.10000/ per day for whole purchase made by us.
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 19 May 2018
@ Mr. Robinghosh.,
You can receive the payment. But, It's from "REGISTERED DEALER" then IT act is atracted the Customer. Bcoz, He is one of the Registered dealer.
You can receive the payment. But, It's from "REGISTERED DEALER" then IT act is atracted the Customer. Bcoz, He is one of the Registered dealer.
CA S Praveen Kumar Reddy
(Chartered Accountant)
(2195 Points)
Replied 20 May 2018
GST ACT no where mentioned limit but income tax act provided limit of 200000per transaction
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