12 July 2016
The procedure is pretty straight forward. You can apply for TIN online by visiting http://164.100.80.121/cto/RegistrationOptions.aspx
While submitting Online you have to pick the LVO No. (LVO – Local Vat Office). LVO will be based on PIN code of the locality where the Company / Office situated.
After receiving the Online form VAT Commissioner of that LVO will allot the work to the VAT Inspector. VAT Inspector would carry out a physical Inspection of the premises and verify all original documents. On satisfaction Company/ Proprietorship firm will be allotted TIN No. (Tax Payer’s Identification No.) & will be given a VAT registration certificate.
Composition Dealer will be given a certificate called Form VAT 8. A Dealer registered under composition tax is not entitled to collect tax & cannot avail of input Tax credit.
Apart from a nominal registration fees, a security Deposit would be determined by the VAT Inspector at the time of Registration based on the expected turnover which is refundable on surrender of the registration.
I suggest you do it yourself, but depending on the scale and complexity of your trade, hiring a CA to do the same would'nt be such a bad idea.