Tin registration

AJAY SHIRWADKAR (Accounant) (28 Points)

14 August 2013  

I want to start new retail business from home , for which I intend to purchase material from out of state (Maharashtra) of Approx Rs 50,000 P.M. 

Supplier ask for my TIN , without which he can't dispatch the goods, ( Only 1 supplier)

I searched for  TIN registration process, and found that Registraion Fees of Rs. 5000 and Security Deposit  Rs 25000 has to be paid through Challan 210, for voluntary registration.

do I need to register as voluntary registration ( what is voluntary registration) and what time it will take to complete this process.

Pls guide me , if I want to register for TIN do I need to pay Security Deposit of Rs 25000.  OR 

Is there is any other alternative.

Thanks,

Ajay S