MSME Certified GST Live Weekend Batch to commence from 20th February 2022. Limited Seats. Register Now!!


Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Cash payments limit

This query is : Resolved 

28 March 2017 Sir,
What is maximum cash payment limit from April 1, 2017, will it continue as Rs20,000/= or it is reduced to to lower limit. please clarify.

28 March 2017 It has been reduced to 10000.

29 March 2017 Restricted to Rs.10000 violation of which will lead to disallowance.

29 March 2017 It is as per amendment in Section 40A(3)

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

Similar Resolved Queries