How To Apply For TIN Number – Step By Step
TIN number, you may hear this first time when you newly into business or otherwise you can know it from someone who already doing business within India. By reading this post, you can know that what TIN Number is? Who needs it and How to apply for TIN?
What is TIN number?
TIN number is used to identify dealers registered under VAT. First two digits of TIN indicate the issued state code. However, Other 9 digit of TIN creation may differs by state governments.
TIN is applied for both sales done within a state or between two or more states. Tin is also being used to identify dealers in the same way like PAN, to identification of assesses under income tax act.
Who Needs TIN number?
Who should register for TIN? TIN number registration is required for Manufacturers, Traders, ,Exporters and Dealers. When new registration is undertaken under VAT or Central Sales Tax a new TIN will be allotted under registration number. The TIN number should appear on all Quotations/Orders/Invoices by both Sending Company and Receiving Company.
So, there is no difference in VAT/CST/TIN because these days only one number is needed for all type of sale you made. TIN number is called VAT number when it used for intra state sales. The same TIN number is being consider as CST number when it requires.
What is the procedure of TIN registration?
You can apply for this number online or visit one of the governments many facilitation centers across the country and submit this form.
Visit this link to find the one closest to you.
These are the documents that you will need to apply for a TIN number
- 1. ID Proof / Address proof / PAN card of proprietor with six photographs
- 2. Address proof of Business premises
- 3. 1st Sale / Purchase Invoice, copy of LR/GR & payment/collection proof with bank statement
- 4. Surety/Security/Reference.
This may differ slightly from State to State. After these documents are checked and scrutinized, a unique TIN number is provided to applicant. For applicants who have Central Sales Tax number, this can be changed to TIN number on request by the tax department.