Introduction of common Business Identifier Number (BIN) based on Permanent Account Number (PAN) – Exchange and transmission of DGFT data.

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....siness Identifier Number (BIN) based on Permanent Account Number (PAN) -  Exchange and transmission of DGFT data - Reg. The concept of common Business Identification Number (BIN) based on Permanent Account Number (PAN) issued by the Income-tax authorities has been implemented in Chennai Custom House with effect from 01.04.2001.  In this regard, Public Notice 58/2001, dated 19.03.2001 ....

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....; Customs and DGFT constitute two major participants in this exercise.  No exchange of information regarding Licence, Shipping Bill, Bill of Entry can take place unless the data regarding identification of importers and exporters is common in the Systems of DGFT and Customs.  Therefore, successful implementation of the IEC/BIN Directory with effect from 01.04.2001 is a prerequisite for a....