CM launches TIN services for traders
Shimla: Himachal Pradesh Chief Minister Prem Kumar Dhumal today launched TIN (Taxpayer Identification Number) facility for dealers registered under HP VAT Act and CST Act by presenting certificates to M/s Hira Lal Salig Ram, Lower Bazar, Shimla, M/s Kiran Stationary Mart, Lower Bazar, Shimla, M/s Atma Ram Suresh Kumar Sood, Chhota Shimla; M/s Salig Ram Hem Raj, Ganj Road, Shimla and M/s SM Minocha & Company, Shimla; and Ramesh Sood, president, Beopar Mandal, Shimla and Inder Singh, general secretary were among the recipients of the TIN certificates.
Speaking on the occasion, the Chief Minister said that TIN number would benefit the traders immensely since it would be useful for their tax related. He said that TIN was an unique number with standard 11 digit format similar to PAN (Permanent Account Number) of Income Tax Department. He said that TIN would provide dealers unique identification number to identify themselves either at the barriers or elsewhere with minimum chances of use of other dealer’s number. He complimented the department of excise and taxation for taking progressive step towards making tax collection facility high-tech. He said that dealers in possession of TIN would be able to bring goods and commodities hassle-free from other states to Himachal. He said that TIN would also be useful in updating dealer’s data in the state and facilitate easy switchover to new GST regime proposed to be launched from coming year. He said that TIN was also essential under TINXSYS System in use throughout the country.