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cash billing

Raghu Kejriwal (123 Points)

20 January 2019

unregistered dealer ko ek din me Kitane amount cash billing ka limit hai .( item electronic goods)

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Vinod Babu (24191 Points)
Replied 20 January 2019

No cash limit/s specified under GST act.

But the transaction comes under IT act, where 2 lakhs is the limit per day per person per bill/event. (sec 269ST of IT act)

Raghu Kejriwal (123 Points)
Replied 20 January 2019

sir please unregistered dealer ko Bhi 200000 ka billing Kar skate hai

Vinod Babu (24191 Points)
Replied 20 January 2019

Yes, you can.......

Shivam RC (Student) (23683 Points)
Replied 21 January 2019

There is no Cash transaction limit under the CGST Act 2017 both for Registered and Unregistered Dealers.

Limit is specified only under the Income Tax Act,1961 ( u/s 40A(3) - Rs. 10,000 Cash Purchase/Expenses and u/s 269ST - Rs. 2,00,000 Cash Sales per day ).

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