Tin

Save Share

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 August 2011 CAN UNREGISTERD COMPANY GET TIN? If get advantage and disadvantage between registered and unregistered company?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

30 August 2011 Only registered dealer can get TIN

While not having TIN disadvantages

1. cannot take input credit
2. cannot raise tax invoice
3. cannot concessional rate of VAT also( since while unregistered always higher rate of VAT apply)
4. when supplier or seller having register dealer then they may prefer always register dealer only

Message likes : 1 times

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