What is a CIN and what is its relevance?
Question 19
Bill
GST Payment of Tax
Faq On GST (2nd Edition) Dated 31.3.2017
Q 19. What is a CIN and what is its relevance?
\nAns. CIN stands for Challan Identification Number. It is a 17-digit number that is 14-digit CPIN plus 3-digit Bank Code. CIN is generated by the authorized banks\/ Reserve Bank of India (RBI) when payment is actually received by such authorized banks or RBI and credited in the relevant government account held with <\/p>\n
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