GSTN rolls out form for tobacco manufacturers to report inputs, outputs to tax authorities

The GST Network (GSTN) has rolled out a special form for manufacturers of pan masala and tobacco products to report inputs and outputs procured with tax authorities to check evasion. This new form GST SRM-II came within a month of GSTN rolling out form GST SRM-I for registering machines of such manufacturers.  "The second form namely Form GST SRM-II is also available on the portal. Taxpa…