Cash sales and purchases limit under i.t. and gst act
Kollipara Sundaraiah (B.com) (2963 Points)
21 April 2020act
how many cash received one year by other party.
Kollipara Sundaraiah (B.com) (2963 Points)
21 April 2020
Shivam RC
(Student)
(23683 Points)
Replied 21 April 2020
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 22 April 2020
no as such limit in GST Act
but in IT Act 1961 there is limit of Rs. 10,000 /- per day per person
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)