Cash limit for per sundry creditor

per day limit for sundry creditor and yearly limit per party
Replies (4)
10000/- per day, 2lac/- per year
This limit is given under income tax act not under gst act if you are filing return under presumptive scheme then there is no limit for cash transactions.
in GST u cannot deposit any tax more then 10000/- in bank
sorry it's by CASH upto 10000/- u can deposit Ur tax into bank in GST

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