I m related to iron and steel trade.
I want to know what is the limit of cash transactions in this trade either sale or purchase.
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cash transactions
Replies (7)
For B2B transaction upto 10,000/-
For B2C .... maximum upto 2 lakhs per day per customer........
Dhirajlal ji plz send the reference link in this case.
read section 40 b and 269st of income tax act
no restriction in gst
yes it in income tax. but is there anything in gst regarding cash transaction
not at all in gst
thanks sir
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