Save Rs 588 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Cancellation of tin

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Query Ask a Query

Querist : Anonymous

Querist : Anonymous (Querist)

10 February 2014 I want to know the procedure to surrender a TIN registered under Local & Central Sale.

MJ Krishnamurthy

MJ Krishnamurthy (Expert)

10 February 2014 You have to file an application before the VAT officer of your area giving details of reason for closing the business,date of closing it,etc along with the original RC. All returns to be filed upto date and a final return with P7L a/c and Balance sheet of that year up to the time of closing. Any statutory forms received/used and balance left are to be surrendered.You also insist on issuing an order on cancellation of RC by the registering authority,because some body should not misuse your TIN or RC later.On satisfying the VAT officer you can get refund of the security deposit paid earlier at the time of registration....mjk

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now