Cash expenses limit per day

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

27 August 2018 Is there any cash expenses limit per day for making payment to registered or unregistered person FY 2017-18

Reply on urgent.

CA Anita Bhadra

CA Anita Bhadra (Expert)
Follow

27 August 2018 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 .