Payment in Cash for items for home construction
This query is : Resolved
Amit Raina
(Querist)
10 April 2023
I am constructing a house for which I will have to pay in cash for certail items like
Tata steel saria, cement, bricks, gravel sand , and of course the labor.
Almost everyone is asking for payments in cash.
Although the tata steel, cement and brick companies are providing GST bill , however their amount is more than 2 lakhs .
My question is can I as an individual pay them in cash of bigger sum, if they are giving me a GST bill?
Kind regards,
Amit Raina
Tata steel saria, cement, bricks, gravel sand , and of course the labor.
Almost everyone is asking for payments in cash.
Although the tata steel, cement and brick companies are providing GST bill , however their amount is more than 2 lakhs .
My question is can I as an individual pay them in cash of bigger sum, if they are giving me a GST bill?
Kind regards,
Amit Raina
CA R SEETHARAMAN
(Expert)
10 April 2023
Upto 1,99,999 you can pay in cash for such bills.
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