Expenditure threshold limit
This query is : Open
02 October 2017
We have 30 branches , in each branch we make cash expenditure .
my question is can we make cash expenditure 5000 limit per day in each branch or all branches included 5000 per day.
The limit applicable for all branches or one branch
my question is can we make cash expenditure 5000 limit per day in each branch or all branches included 5000 per day.
The limit applicable for all branches or one branch
02 October 2017
All branches expenditure total not exceeding 5k... The 5k limit is per GSTIN...
In case branches in other states then it's dealt as another GSTIN and get 5k limit...
CA Rashmi Gandhi
(Expert)
02 October 2017
This limit is for one PAN No.
If all branches registered in one state then limit is for all branches.
If branches registered in each state separately then limit is for all branch separately.
CA Rashmi Gandhi
(Expert)
02 October 2017
What doubt ???? Raja PM
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