Current context: The Documentation Identification Number (DIN) system of Central Board of Indirect Taxes and Customs (CBIC) will come into existence from 8th November 2019.
a. Departmental Identification Number
b. Direct Identification Number
c. Documentation Identification Number
d. Divisional Identification Number
- The step is aimed at bringing transparency and accountability in the indirect tax administration through the widespread use of information technology.
- The step is taken as per the direction of Union Minister for Finance and Corporate Affairs Nirmala Sitharaman.
- Now the CBIC communication will have to have a Documentation Identification Number and No communication would be issued without DIN.
- The DIN system is already executed in the direct tax administration.
- Any communication from GST or Custom or Central Excise department without a computer-generated DIN would be treated as invalid.
- The DIN system will provide the taxpayer with a digital facility to verify any communications.
Question:
Q.1 The DIN system is recently in news for bringing transparency and accountability in the indirect tax administration. It stands for_____?a. Departmental Identification Number
b. Direct Identification Number
c. Documentation Identification Number
d. Divisional Identification Number
