One tin no. for two firms

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Mr. A Started the Proprietorship Business & after some time he had opened 2nd proprietorship firm. My question is that one tin no. is used for his both of firms ?

Replies (15)

Mr. Pradeep in my knowledge one tin only for one firm. but i'm not 100% sure. so you wait for expert.

I THINK ONE TIN NO. FOR ONE FIRM 

TIN no. belongs to firm & not proprietor. so u need seperate TIN for every fir.

thnx all of you.

 

dear rahul,

it's mean one proprietor can use two tin no. on his name, if he has open two firms in which he is the proprietor & the business are also same.

one PAN= one TIN ( for incometax TDS/TCS)

tin is issued in name of pan holder, not in name of proprietorship business

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for vat TIN, it should be business identity wise

Dear U.S Sharma,

can u clear your answer.

hello i want to knw that i m having a sole propreitorship company for eg XZY steel corporation dealing in bldg material supply so i hav

vat tin no & CST no

can i open another software  comapny name ABC infotech  on the same vat tin number & i m not having service no in this can i apply for service tax no on the this comapny .?????????

please revert me on this site or on my email id harsh_shah69 @ yahoo.com

Hi, I have a question, I want to open a shop where  I sale multiple product (eg. cosmetics/ medical / fmcg / etc. product) so my question is Am I take only one TIn no. or product wise TIN no.

SIR,

    WE PAYABLE THE ADVANCE DEPOSIT IN VAT IN A.P FOR THE YEAR:2015-16.

I HAVE GO TO E PAYMENTS THEN I HAVE NOT PAY BUT CHALLAN IS GENERATED. AND NEXT ANOTHER DATE WE HAVE GO TO E PAYMENTS SO HERE ANOTHER CHALLAN IS GENERATED.IT IS SHOW THAT WE HAVE TO PAYABLE TOTAL OF TWO CHALLANS.PLESE COULD YOU ANY ONE SOLVE THIS PROBLEM.

          THANKING YOU...........

 

Originally posted by : ambati venkatreddy
SIR,

    WE PAYABLE THE ADVANCE DEPOSIT IN VAT IN A.P FOR THE YEAR:2015-16.

I HAVE GO TO E PAYMENTS THEN I HAVE NOT PAY BUT CHALLAN IS GENERATED. AND NEXT ANOTHER DATE WE HAVE GO TO E PAYMENTS SO HERE ANOTHER CHALLAN IS GENERATED.IT IS SHOW THAT WE HAVE TO PAYABLE TOTAL OF TWO CHALLANS.PLESE COULD YOU ANY ONE SOLVE THIS PROBLEM.

          THANKING YOU...........

 

at the time of generation of challan , specific ID is generated, and you have to use that only for payment purpose, instead of generating another challan, 

 

now for cancellation of challan you have to approach your STO or PRO of commercial tax 

Dear friends,

Only 1 pancard is for 1 tin no.

Mr. A ( proprietor) has two different nature of businesses with two different names, should he hold single TIN for both businesses with different names or can he have two different TIN numbers for different name of businesses.

Originally posted by : Nandini Mantri
Mr. A ( proprietor) has two different nature of businesses with two different names, should he hold single TIN for both businesses with different names or can he have two different TIN numbers for different name of businesses.

normally Two  seperate  TIN  is  issued,  but  they  are  marked  as  related  (unattached) establishments.  before  issue  of  fresh  TIN officer  ask the  owner  to  merge  both  business under  single  name,  however  on  documentary  evidence  subject  to  satisfaction of  officer,  they  issue  a  seperate  TIN,  but  both  are  always  clubbed  for  the  purpose of  department 

One  Pan One  Tin, one  ID concept  works  everywhere,  but  under  exceptional  circumstances,  two  TIN  are  issued,  

say  one  person  has one  business  with a TIN on his  pan  card,  and due  to family  inheritence  he  got  another  firm  with another  TIN,  so  he  would  be  asked  to  merge  the  new  TIN  to  old  one,  however  if  the  nature of business  and other  situations  are  different  and it  would  not be  possible for the  person to  merge,  then  both  will  be  marked  under same  PAN,  but  would  be  viewed  as  one  identity for  departmental  purpose. 


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