The GST Network (GSTN) has launched a new reporting form, GST SRM-II, for manufacturers of pan masala and tobacco products. This form follows the earlier introduction of GST SRM-I, designed for registering machines used by such manufacturers. The new form, GST SRM-II, mandates detailed monthly reporting of inputs and outputs. Taxpayers are urged to acquaint themselves with the form’s requirements to ensure compliance and avoid penalties, as stated by Moore Singhi executive director Rajat Mohan. The move aims to enhance GST compliance among manufacturers of pan masala and tobacco products.