Purchases of goods in cash

we are running one garment retail store.we have to purchase from different parts/cities of  country.as  we are unknown to suppliers.how much cash payment we can make. for business expenses limit is Rs 10000.is there same limit for purchases too ?

Replies (2)
Quick Summary
This discussion clarifies the cash payment limits for a garment retail store purchasing goods from various suppliers across the country. It confirms that the limit for cash purchases is the same as for general business expenses, which is Rs 10,000.

Yes, the same is the limit for purchase too.

Yes for purchases also limit is Rs.10000

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