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Cash sale limit

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accountant
180 Points Joined May 2018

how cash sale I can made under GST rules

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On 19 May 2018 at 19:53 Report
Replies (9)
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Accountant
3479 Points Joined August 2014
No rule under GST but you can't receive above Rs. 200000 for sale of goods under IT
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On 19 May 2018 at 20:29
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22 Points Joined April 2017
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?
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On 19 May 2018 at 20:58
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Accountant
3479 Points Joined August 2014
yes, you can receive
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On 19 May 2018 at 21:17
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accountant
180 Points Joined May 2018
if I get 2,75000 in against 2 sale then is that good ?
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On 19 May 2018 at 22:15
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PROPRIETOR
23 Points Joined May 2018

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.

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On 19 May 2018 at 22:22
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Accountant
3479 Points Joined August 2014
No......
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On 19 May 2018 at 22:31
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"Do the Right Thing...!!!"
128147 Points Joined January 2015
@ 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.
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On 19 May 2018 at 22:41
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Chartered Accountant
2195 Points Joined December 2014
GST ACT no where mentioned limit but income tax act provided limit of 200000per transaction
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On 20 May 2018 at 11:15
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accountant
180 Points Joined May 2018
thanks to all
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On 20 May 2018 at 11:21

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