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
CAclubindia
