I sell exempted goods like puffed rice. Can I receive cash against various bills each under 50000 to various unregistered persons? Is there any need to enter their address? pls ans.
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Cash sales limit in gst
Replies (2)
i think thete is no cash sale limit in gst..it affects only in income tax.
Can I accept cash against multiple tax invoices amount 10 lakhs issued to the multiple unregistered dealers? Each invoice is under 50000 rupees. Is it mandatory to write address of dealer in a bill if total amount of single bill is less than 50000?
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