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Tobacco product makers to face Rs 1 lakh penalty, if packing machines not registered with GST authorities

By Economic Times - 4 months ago
Manufacturers of pan masala, gutka, and similar tobacco products will face a penalty of up to Rs 1 lakh if they fail to register their packing machinery with the GST authorities. The Finance Bill, 2024, introduces amendments to the Central GST Act, imposing a penalty of Rs 1 lakh for every unregistered machine. Non-compliant machinery may also be seized and confiscated.

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