How much is the maximum cash purchase limit
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Cash payment limit against purchase
Replies (8)
10 k maximum in a single day
10000/- per dealer per day.....
I endorse Rashmi mams statement
10000 per day
10K PER DAY CASH PURCHASE LIMIT
10,000 per day subject to maximum 2 lac per invoice.
Suppose a invoice is of 3 lac than only 2 lac can be made in cash rest must be through cheuqe/online etc
the limit of RS. 2 lac will attract to payee where as in case of expenses , the threshold limit for the payer is 10k
you have to made all payment in cheque/neft
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