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Limit for cash receipt

kanchana ganga

 Sir,

Is there any limit for cash receipt  per day from single customer.

 

Cash Transaction Limit Set at 20,000 Per Customer Per Day; Exceeding Requires Cheque or DD Payment A query was raised regarding the limit for cash receipts from a single customer per day. The response clarified that the limit is 20,000. If the cash transaction exceeds this amount, payments must be made via cheque or demand draft (DD). (AI Summary)
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