cash transaction 200000/-.
Page no : 2
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
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
(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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