GST Circular No 208/2024
Clarification on Special Procedures for Manufacturers
The special procedure for manufacturers of specified goods, as outlined in Notification No. 04/2024-Central Tax, supersedes the earlier Notification No. 30/2023-Central Tax. This updated procedure addresses various issues raised by trade associations. It includes guidance on handling outdated or missing machine details, such as optional entry of make and model in FORM GST SRM-I, and provides methods for declaring electricity consumption ratings if not available directly from machines.
Additionally, it clarifies reporting requirements for goods without MRP, qualifications for Chartered Engineers providing certification, and applicability to Special Economic Zones (SEZs) and manual processes. The procedure does not apply to SEZ units or manual packing operations. For job work or contract
manufacturing, specific guidance is also provided on reporting in FORM GST SRM-I.
Overall, the circular aims to standardize the implementation of these new procedures and address common issues to ensure consistent compliance across the board.
