input credit on cash purchase

Yes, provided seller mentions your GSTIN in the tax invoice.....

can we get input tax credit on tax invoice of cash purchase when our gst number not mentioned on tax invoice by seller ?

Dear Sir ,

Any provision of celling amount?

Regards

Yes. Mode of payment doesn't affect ITC:

• Sec 16(2) conditions: tax invoice in your GSTIN, goods or services received, supplier has filed GSTR-1 (invoice in your GSTR-2B), supplier has paid the tax, you filed your return, and you paid the supplier (including tax) within 180 days (Rule 37). Cash payment satisfies "payment".

• Income-tax constraints:

– Sec 40A(3): cash payments above Rs 10,000 per person per day aren't deductible as an expense (Rs 35,000 for transporters). This affects the expense, not ITC.

– Sec 269ST: the supplier can't receive Rs 2 lakh or more in cash for a single bill or transaction.

• Keep the cash receipt voucher or acknowledgement from the supplier for ITC payment proof.