Payment in cash

in the case of payment against food grain can we pay cash and second q is can we pay cash after 2-3 months also

Replies (2)

Yes cash payments after 2-3 months does not attract any voilation and as far as making payments in cash is concerned if payment is made to farmers who does not have any bank account or payment is to be made where there is no bank or payment is to be made on a bank holiday, then only payment in cash is allowed.

cash payment is allowed on spot purchase, but if creditors are generated in accounts, then supporting documents needed for not making payment other than cash.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
16 July 2026
Manager - Finance & Accounts

Aliens Group

Hyderabad

CA Final

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
21 July 2026
Chartered Accountant

Keshri & Associates

Thiruvananthapuram

CA

View Details
Company
28 July 2026
Senior accountant

RJ Public School

Bengaluru

B.Com

View Details
Company
ARTICLESHIP 08 July 2026
Article internship

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
Featured 16 July 2026
Semi Qualified Company Secretary

Vakilsearch.com

Chennai

CS

View Details
Follow