Payment of less than Rs.10,000 ; by cash

This query is : Resolved 
Quick Summary
There's inconsistency among bank branches regarding cash payments for GSTR 3B challans under Rs. 10,000. While the GST portal allows cash payments for amounts less than Rs. 10,000, some banks, like IDBI, are reportedly only accepting cheque or internet banking. This highlights that individual banks often have their own specific rules in addition to the general GST portal guidelines.

Profile Image

Profile Image

(Querist)
26 October 2021 I am observing that different bank branches exhibit different rules for cash payment of GSTR 3B challan , less than Rs. 10,000 . What is the rule as per GST portal . I have copy of email from IDBI , stating they accept only by cheque or internet banking .
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
26 October 2021 As per GST portal rules less than 10,000 can be paid in cash.
Profile Image

CA. Bhavik P. Chudasama

Profile Image

CA. Bhavik P. Chudasama (Expert)
26 October 2021 Agree with the Experts Opinion & further to add all Banks have their different sets of rules.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries


Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Pro Member Ashish NerlekarAshish NerlekarPro Member Chandrasekhar gaddeChandrasekhar gaddePro Member Sharang Sanjay MangalekarSharang Sanjay MangalekarPro Member Amit YadavAmit YadavPro Member Shraddha PangamShraddha Pangam
Subscribe to Pro
Join an elite circle of professionals



Answer Query



Quick Links



Browse by Category