Threshold limit for Cash sales !?

This query is : Resolved 

12 May 2009 Whether any threshold limit for cash sales? If the company sold a goods for value morethan 20000/- it must be a Draft/Cheque.pl clarify friends. any supporiting notification or act.

12 May 2009 There is no such limit for making cash sales. Limit of 20K applies when you will make any payment, it is not for receipt.

12 May 2009 Agree with Expert.


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