banner_ad

Cash sale limit

532 views 9 replies

how cash sale I can made under GST rules

Replies (9)
No rule under GST but you can't receive above Rs. 200000 for sale of goods under IT
if we sold goods to a registered party in cash in 100000 .....
can we receive cash ....? from them if they don't pay from the bank?
yes, you can receive
if I get 2,75000 in against 2 sale then is that good ?

Sir, I purchased a goods of Rs,150000,250000 and 300000 from Ramesh & Co in different date . Now i want to pay in cash. Can 

i pay of Rs.10000/ per day for whole purchase made by us.

No......
@ Mr. Robinghosh.,
You can receive the payment. But, It's from "REGISTERED DEALER" then IT act is atracted the Customer. Bcoz, He is one of the Registered dealer.
GST ACT no where mentioned limit but income tax act provided limit of 200000per transaction
thanks to all


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details