GSTN issued Advisory on Information from manufacturers of Pan Masala and Tobacco taxpayers

By: Admin
May 16, 2024
Categories: GST Law|GST Portal Updates|Important News
4 Min Read

The GSTN issued an Advisory dated May 16, 2024 regarding the Information from manufacturers of Pan Masala and Tobacco taxpayers.

Government had issued a notification to seek information from taxpayers dealing in the goods mentioned therein vide Notification No. 04/2024 – Central Tax dated January 05, 2024. Two forms have been notified vide this notification namely GST SRM-I and GST SRM-II. The former pertains to registration and disposal of machines while the later asks information on inputs and outputs during a month.

To begin with, facility to register the machines have been made available on the GST Portal to file the information in Form GST SRM-I. All taxpayers dealing in the items mentioned in the said notification may use the facility to file the information about machines. Form GST SRM-II will also be made available on the portal shortly.

The Advisory can be accessed at: https://www.gst.gov.in/newsandupdates/