The prevailing system assigns a trade tax registration number for business within the state and another number as Central sales tax number. After the implementation of TIN system every registered trader will have a unique identification code which would be valid all over the country.
The 11-digit TIN code would be such that the city and state of registered establishment could be recognised from it. It would also act as a personal identity card. Officials say that the system would help in checking trade tax evasion and traders would find it quite helpful. With 60 per cent of total revenue of the state realised from trade tax, the new system is expected to grant another boom to collection.
The computer systems and software for the purpose of TIN allotment are all ready for the purpose at Kanpur and the connectivity with the Lucknow office, which is connected to Central office, has also been ensured.
Although the last date for implementation of the system is December 31, 2003, the Kanpur office of the trade tax department has set December 1, 2003, as its deadline.
"The process has already started and forms have been distributed to every registered party in the city. The departmental 'dak-men' have ensured receipt of form by every establishment. The total number of such establishments is approximately 32000 in the city. We are leaving no stone unturned to implement the system within our deadline," additional trade tax commissioner BP Shukla told Times News Network.
However, on checking the status with local traders, only 10 per cent reported having received the form.
A sales tax advocate disclosed that the officials were least interested in distributing the forms as they do not get 'anything' in return. Submission of forms has begun and allotment of TIN number would begin from November 15.
The above article appeared in The Times Of India
The Times of India (TOI) is an English-language broadsheet newspaper that is widely read throughout India. It has the largest circulation among all English-language newspapers in the world, across all formats (broadsheet, tabloid, compact, Berliner and online). It is owned and managed by Bennett, Coleman & Co. Ltd.