Updated Online video classes available for CA,CS,CMA for May20 and Nov20 batch. Call: 1800-3000-0505

Cash expenses limit per day

This query is : Resolved 

Querist : Anonymous


Querist : Anonymous (Querist)
Is there any cash expenses limit per day for making payment to registered or unregistered person FY 2017-18

Reply on urgent.


There is no cash limit for payment to registered or unregistered person under GST .
prior to Notification No. 38/ 2017 dt 13th Oct 2017 - Recipient had to pay GST on Reverse Charge basis ( Sec 9(4) - GST Act 2017) for supply from unregistered person for more than Rs 5000/- in a day .



You need to be the querist or approved CAclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :





close
CA Learning