National Board of Revenue (NBR) has stood firm in issuing instant Electronic Business Identification Number (E-BIN) to check fake registration.
To this end, the authorities have started taking time to issue the E-BIN until the full verification is completed, said officials.Talking to BSS, VAT Online Project Director Syed Mushfikur Rahman said they are now issuing E-BIN after scrutinizing the required documents and address given with the application.
“We’ve stopped the issuance of instant E-BIN after receiving the complaints of using fake documents and address,” he added.
Mentioning that the VAT officials at field level are scrutinizing the documents and address before issuing E-BIN, Rahman said: “Now, they issue E-BIN within maximum three days if the documents and address are found correct.”
Otherwise (if found dissimilarities), the applicant is informed through e-mail about the non-issuance of E-BIN, he added.
Officials said NBR has started to issue E-BIN on March 23, 2017 online to implement the “Value Added Tax and Supplementary Duty Act, 2012.”