if one sells goods worth rs 4,50,000 through three different bills three different days of Rs 1,50,000 each to one person and accepts Cash each day rs 50000 9 days
in this case violated 269 st ????
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Quick Summary
This discussion explores whether selling goods worth Rs 4,50,000 to a single person through three separate bills, with cash payments of Rs 50,000 on each of three days, violates Section 269ST. The core question is whether this constitutes a violation, given the total cash received exceeds the Rs 2 lakh limit. The general principle is that single invoices with multiple cash payments, or single cash payments for multiple invoices, are not permitted if they exceed the threshold.