Is there any provision saying Input cannot be claimed from Cash purchases made ?
Dhanyashree BS (3 Points)
29 July 2019Is there any provision saying Input cannot be claimed from Cash purchases made ?
CA PREM KUMAR
(Chunduru & Co)
(296 Points)
Replied 29 July 2019
unless buyer gst number is quoted on the invoice and a person cannot claim gst. there is no such condition of cash.
P M Panchal
(other)
(291 Points)
Replied 29 July 2019
Only under IT act, there is condition of cash purchase of more than Rs. 10,000/- is disallowed. No ITC loss under GST.
Shivam RC
(Student)
(23683 Points)
Replied 29 July 2019
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