'Payment of 1% GST in cash only for 45k taxpayers'

The government's decision on mandatory payment of at least 1 per cent of goods and service tax (GST) liability in cash will impact only around 40,000 to 45,000 taxpayers but help the entire system curb the menace of fake ITC availment and operation of fly-by-night operators, sources in the finance ministry said on Saturday.

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