Hello, I wanted a TIN# to start as a seller on flipkart/amazon and snapdeal. So i contacted a CA in my area who told me that there are two procedures one is the voluntary one and one other category. He told me that for the category which will suit me I will have to pay a one time fee of about Rs. 5025 and a DD for 25000 as deposit which will be returned after 3 years. Can anyone tell me if this seems correct ? I have read about the fee being 5000 but havent heard anything about a deposit of 25K. Any help is welcome.
Thanking you,
Reuben