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cash transaction 200000/-.

Page no : 2
Divakar

Divakar (Student CA Final ) (11857 Points)
Replied 11 December 2017

Yes why not... But single cash bill not be more than 200000 in a day to a particular buyer... Make cash sales upto any limit... No restrictions... Just pay gst on them
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Venkata Rao Sanumoori

Venkata Rao Sanumoori (101 Points)
Replied 11 December 2017

Thank you sir, how can take cash from him. Can i take cash 1lakh in single payment from him. Is any problem?

Divakar

Divakar (Student CA Final ) (11857 Points)
Replied 11 December 2017

Cash received rs 1 lakh against sales na??.. Its okk no problem... Just pay gst on that and show in ur gst return no problem in that


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