Cash Sale Limit

2 lakh I guess. But to be in safe side, I suggest you to keep it below 10000. However for above 50000, you need to provide the buyer's PAN Number

In Gst there is no limit..such limit is there only in income tax

Hi !

There in no provision in GST which restrict the cash sale transaction.

But Cash Transaction is restricted by Income Tax Act as below:-

Section 269ST :- No person shall receive an amount of two lakh rupees or more—

(a) in aggregate from a person in a day; or

(b) in respect of a single transaction; or

(c) in respect of transactions relating to one event or occasion from a person,

otherwise than by an account payee cheque or an account payee bank draft or use of electronic clearing system through a bank account

Regards
KAAMIL AHAMADH

No cash limit/s specified under GST act.

But the transaction comes under IT act, where 2 lakhs is the limit per day per person per bill/event. (sec. 269ST of IT act)

AGREE WITH VINOD

Agreed with experts.

As such there is no limit in GST for cash sale But..... as per Rule 46 CGST Act , if taxable supply made to URD above 50k the Name, address & Place of supply is mandatory to be mention on Bill

good clarification