Cash sale limit
This query is : Resolved
17 July 2017
DEAR SIR,
WE ARE THE IMPORTER AND TRADERS IN KOLKATA BASED. WE IMPORT FABRICS FROM CHINA AND SELL IT IN LOCAL AND INTERSTATE MOSTLY. MY FIRM IS AUDITED EVERY YEAR. OUR SALE IS MOSTLY CASH SALE TO A UNREGISTERED BUYER. MY QUESTION IS WHAT IS THE HIGHEST SINGLE INVOICE VALUE ON WHICH WE CAN ACCEPT THE CASH FROM THE CUSTOMER.
I WOULD BE VERY THANKFUL AND GRATEFUL IF YOU FURNISH ME WITH THE INFORMATION SOUGHT ABOVE.
WE ARE THE IMPORTER AND TRADERS IN KOLKATA BASED. WE IMPORT FABRICS FROM CHINA AND SELL IT IN LOCAL AND INTERSTATE MOSTLY. MY FIRM IS AUDITED EVERY YEAR. OUR SALE IS MOSTLY CASH SALE TO A UNREGISTERED BUYER. MY QUESTION IS WHAT IS THE HIGHEST SINGLE INVOICE VALUE ON WHICH WE CAN ACCEPT THE CASH FROM THE CUSTOMER.
I WOULD BE VERY THANKFUL AND GRATEFUL IF YOU FURNISH ME WITH THE INFORMATION SOUGHT ABOVE.
17 July 2017
Up to 2 lacs cash you can take from single invoice.
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