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Cash limit for per sundry creditor

ITC / Input 753 views 4 replies
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v.r.patel college of commerce mehsana
21 Points Posted on 04 March 2018
per day limit for sundry creditor and yearly limit per party
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On 04 March 2018 at 13:51 Report
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GST Practitioner
55067 Points Posted on 04 March 2018
10000/- per day, 2lac/- per year
301 Reply
On 04 March 2018 at 14:01
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student
41 Points Posted on 04 March 2018
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.
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On 04 March 2018 at 14:10
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GST Practitioner
55067 Points Posted on 05 March 2018
in GST u cannot deposit any tax more then 10000/- in bank
301 Reply
On 05 March 2018 at 00:30
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GST Practitioner
55067 Points Posted on 05 March 2018
sorry it's by CASH upto 10000/- u can deposit Ur tax into bank in GST
301 Reply
On 05 March 2018 at 00:32


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