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Query

204 views 4 replies

Sir

What is the limit for issuing cash bills?  And is it necessary to mention the name of purchaser? 

Replies (4)

you may not mention the name on cash bills less than Rs 20000/- in all other cases you need to mention the name.

Sir What is the limit to issue cash bill? As it is mentioned under law that we cannot accept cash above rs10000/- per day

The Limit is 10,000/- now.

In a credit bill limit of a receipt is 10000 cash per day....then how can a cash bill of more than 10000 be cut where also cash received is more than 10000....in credit cases payment of more than 10000 requires cheque


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