PAN Card Mandatory For Private Firms Seeking Central Excise Registration
05 May, New Delhi
Permanent Account Number, PAN has been made mandatory for private firms seeking central excise registration.
As per the rules, the registration will now be given within two days of filing online applications to improve the ease in doing business in manufacturing.
Finance Ministry order said, applicants seeking registration shall mandatorily quote PAN of the proprietor or the legal entity being registered in the application form.
However the government departments are exempted from the requirement of quoting PAN in their online application. It said, applicants other than government departments shall not be granted registration in the absence of PAN.
Applicant shall also quote his e-mail address and mobile number in the application form for communication with the department.
Under the new procedure, once duly completed application form is received online, registration would be granted within two working days and issued online without any examination of the documents and verification of documents or premises before the grant of registration.