India's GST Council mandates pan masala and tobacco manufacturers to register packing machinery on GST portal to combat tax evasion.
India's GST Council has mandated pan masala and tobacco manufacturers to register their packing machinery on the GST portal to combat tax evasion. This move includes penalties of up to Rs 1 lakh for manufacturers who fail to register their packing machinery. The Council also introduced Form GST SRM-I for machine registration and disposal, and Form GST SRM-II for providing inputs and outputs information.
May 17, 2024
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