CBIC

The GST Network (GSTN) recently introduced a dedicated form aimed at manufacturers of pan masala and tobacco products. This form, GST SRM-II, enables them to report their inputs and outputs procured, aiding tax authorities in preventing...

The Central Board of Indirect Taxes and Customs (CBIC) is in the process of compiling a catalog of items that become subjects of litigation solely because of classification discrepancies.The fitment committee is expected to examine instances...