What is the Procedure of TIN Registration, What Is the Recent Fee and What Documents are required for it???
Danish (Accountant) 09 April 2011
What is the Procedure of TIN Registration, What Is the Recent Fee and What Documents are required for it???
Ashutosh Neogi (Service) 12 April 2011
The Tax Payer's Identification Number (TIN) is new unique registration number that is used for identification of dealers registered under VAT.
It consists of 11 digit numerals and will be unique throughout the country. First two characters will represent the State Code as used by the Union Ministry of Home Affairs.
The set-up of the next nine characters may, however, be different in different States.
TIN is being used for identification of dealers in the same way like PAN is used for identification of assesses under Income Tax Act.
All the dealers seeking for new registration under VAT or Central Sales Tax will be allotted new TIN as registration number, however every State Commercial Tax Department have made provisions to issue new TIN to their existing dealers replacing old registration/ CST number.
You collect the from sale tax office , fillup and submit it in the office.
The process is easy. Provide some document regarding your bussiness/firm, addess and identity of firm/company.
DOCUMENTS REQUIRED FOR REGISTRATION
The application for registration is to be accompanied by the following:
1) Deposit receipt of prescribed amount towards fees for registration. Such deposit receipt is to be obtained from the appropriate treasury after payment of the fee amount.
2) Copy of the constitution document e.g. Partnership deed for a partnership firm, Memorandum and Articles of Association for a company.
3) Board Resolution authorizing the signatory to sign the application in case of company.
4) Proof of identification of the authorized signatory e.g. voter identity card, passport, driving license.
5) Proof of principal place of business e.g. rent receipt, lease agreement, electricity bill.
Who is required to sign the application for registration?
The Application for registration is required to be verified and signed by an authorized signatory. An authorized signatory for different categories of persons is:
Proprietor, in case of proprietorship concern
Managing partner, in case of partnership firm and where there is no managing partner, by any of the partners.
Managing Director or authorized signatory, in case of a company.
Karta, in case of Hindu Undivided Family and authorized signatory.
Alpesh Upadhyay (Advocate) 13 April 2011
Dear Danish
In India, State based Value Added Taxation Sustem provides provision of obtaining TIN numbers. Therefore In which State do you want to get registration? It depends upon the location of place of business. Based on these, first and foremost you have to decide that, which State's provisions are applied to you or your client. Other things are depends upon reply of first question.