About 45,000 entities to come under mandatory 1% cash payment of GST liability ambit

NEW DELHI: The mandatory requirement of 1 per cent cash payment of goods and services tax (GST) liability with effect from January 1 would be applicable to about 45,000 taxpayers, which is only 0.37 per cent of the total businesses registered in the GST system, revenue department sources said on Saturday.  To curb tax evasion by way of fake invoicing, the Central Board of Indirect Taxes and C…