Hi ,
My friend is opening a new firm at bhiwandi but already he is having a firm at mumbai with VAT TIN number.
business nature is same, name of the business is same ,.. just a new branch of it.
is he will get new VAT TIN number or existing Mumbai location's VAT TIN number will ok for new branch of bhiwandi
pls advice.
VAT TIN applicability: a branch may use the existing VAT TIN, a new firm requires a separate VAT TIN. Where an additional location operates as a branch of an existing entity under the same business name, the existing VAT TIN applies; if the new location constitutes a legally distinct new firm, a separate TIN is required. The distinction hinges on business legal identity rather than name or activity. (AI Summary)