The GST Network (GSTN) has introduced an online facility for manufacturers of pan masala, gutkha, and similar tobacco products to register their machines with tax authorities. The Central Board of Indirect Taxes and Customs (CBIC) announced the new registration and monthly return filing procedure to improve GST compliance. The online facility allows manufacturers to submit machine-related information through Form GST SRM-I, and Form GST SRM-II (for return filing) will be available soon.
GSTN Rolls Out Special Procedure For Tobacco Manufacturers To Register Machines With Tax Authorities freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
India collected a record 2.10 trillion rupees ($25.15 billion) as gross goods and services tax (GST) in April, a rise of 12.4% from the same period last year, the government said in a statement on Wednesday. The government had collected 1.87 trillion rupees as GST in the same period last year. "GST collections breach landmark milestone of 2 trillion rupees," Finance Minister Nirmala Sitharaman posted on social media platform X, formerly known as Twitter.
CBIC Develops Common Bank Audit Plan For Central, State GST Officers menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
Earlier in January, the Central Board of Indirect Taxes and Customs (CBIC) had announced the introduction of a new registration and monthly return filing procedure effective April 1, 2024.