B2b sale regarding

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744 Points Posted on 24 September 2022
meri ek firm gst m register h mene kisi ko 100000 ka goods sale kia jinko sale kia vo bi gst m register h ..unhone muje single day 8000 rs cash every week payment kia kya m income tax gst rule k according is type se cash le sakta hu
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On 24 September 2022 at 12:38 Report
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Quick Summary
A business registered for GST has sold goods worth £100,000 to another GST-registered entity. The buyer is making weekly cash payments of £8,000. The seller is seeking clarification on whether this method of receiving cash payments is permissible under current Income Tax and GST regulations.

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25 Points Posted on 25 September 2022
As per income tax you can take cash upto 2 lacs for a single event during the year
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On 25 September 2022 at 16:07
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744 Points Posted on 25 September 2022
Nd gst act
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On 25 September 2022 at 16:44

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