Cash Sales to URP limit without PAN

What is the limit of Cash sales to a unregistered person without PAN? From FY 16-17 onwards. Kindly quote section if any. Experts please guide.
Replies (1)
There is no limit prescribed for Cash Transactions under GST Law as of now, which means any registered person may enter into any business transaction attracting GST Law in cash of any amount including Sales/Purchases to/from unregistered persons.

However, Income Tax Law prescribes limits for Cash Transactions such as ₹10k Limit for cash business expenditure u/s 40A and ₹2L for any cash transaction u/s 269ST etc. Non-Compliance may attract dis-allowance of expenditure or even penalties.

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