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Limit cash

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Balamurali Unnithan MS

Balamurali Unnithan MS (STUDENT) (1631 Points)
Replied 28 December 2020

Per day receipt , within a person 2 lakhs allowed
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md sajruddin khan

md sajruddin khan (full details of gst and hsn code)   (233 Points)
Replied 28 December 2020

As per rule you can receive Rs 200000/- in a day, (200000 kisi ek se receive kar le ya sabhi ka mila kar).
Aur agar kisi registered person se 10000 se jyada lete hai to penalty dene waale ko hogi lene wale ko nahi.

So you can receive up to 200000/- from any person but can't pay more than 10000/- if you are registered.

Balamurali Unnithan MS

Balamurali Unnithan MS (STUDENT) (1631 Points)
Replied 29 December 2020

Pay morethan Rs .10000 in cash ! ,it's diasllowed


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