cash sales in gst

03 November 2017

hello, please clarify that cash sales limit in GST

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4 Replies

Fakher Alam (Accountant) (101 Points)
Replied 03 November 2017

199999/- in a single person in one year

Fakher Alam (Accountant) (101 Points)
Replied 03 November 2017

cash payment limit 10000/- in a day

Dr. ShamsheerKhan (Director of S S Associates) (968 Points)
Replied 03 November 2017

In GST there are no restrictions on the Cash sales. But you have to follow Income Tax Department restrictions.

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RAJA P M ("Do the Right Thing...!!!") (127074 Points)
Replied 03 November 2017

In GST no limits.

But, Logically we maintain based on IT...

As Per Income Tax B2B - Rs. 10000 and B2C (end user) less than 2lakhs

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