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Transporter fright by cash

391 views 5 replies
Sir,

we received the services from transporter invoice value of Rs. 30000/- can we pay cash to transporter Rs. 30000/- any resction in IT and GST

please suggest
Replies (5)
Yes, You can pay that 30k to transporter...
Yes,

In my opinion you can pay cash to the extent 35K as i won't be disallowed as a Exps in computation of your PGBP under Section 40A of Income tax act

Thank you
35000.00
No restrictions in gst, if u pay gst under rcm than can claim itc
Thanks to all of you


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