Centre Likely To Allow Businesses To Use PAN For Single-Window Clearance

Centre Likely To Allow Businesses To Use PAN For Single-Window Clearance

Piyush Goyal mentioned that using PAN numbers will assist auto-populate different software varieties.(File)

New Delhi:

The federal government is contemplating to permit companies to make use of Everlasting Account Quantity (PAN) as a substitute of different information as a novel identifier for getting into into nationwide single window system to hunt completely different clearances and approvals of the central and state departments.

At current there are over 13 completely different enterprise IDs like Staff Provident Fund Organisation (EPFO), Staff’ State Insurance coverage Company (ESIC), Items and Providers Tax Community (GSTN), TIN, TAN and PAN, that are getting used to use for varied authorities approvals.

Commerce and business minister Piyush Goyal mentioned that his ministry has already approached the division of income on the matter.

“We’re shifting in direction of utilizing one of many present databases because the entry level, which is already out there with the federal government…and likely that would be the PAN quantity. So with the PAN, quite a lot of the essential information concerning the firm, its administrators, addresses, and quite a lot of widespread information is already out there within the PAN database,” Piyush Goyal instructed reporters right here.

The nationwide single window system (NSWS) is geared toward decreasing duplicity of data submission to completely different ministries, cut back compliance burden, lower gestation interval of tasks, and promote ease of beginning and doing enterprise.

NSWS allows the identification, making use of and subsequent monitoring of approvals for all built-in states and central departments.

He mentioned that use of PAN quantity will assist auto-populate different software varieties that will probably be obtained within the system and can assist pace up the approval course of and encourage extra firms to use on the system.

The system presently accepts purposes for 248 government-to-business clearance and approvals from 26 central ministries and departments, together with states.

To date 19 states/Union Territories, together with Andhra Pradesh, Bihar, Goa, Gujarat, Himachal Pradesh, Jammu & Kashmir, and Karnataka, and 27 central authorities departments are already onboarded the system, which was began in September final yr and is below beta testing section.

The minister additionally knowledgeable that at current companies are taking approvals for various insurance policies together with automobile scrappage coverage, ethanol coverage, hallmarking of jewelry and Petroleum and Explosives Security Group (PESO) approvals.

“We will probably be shifting in direction of newer areas like all inspection approvals, nation of origin approvals, export promotion council purposes. On the subsequent stage, these will come on the system,” he mentioned, including that each one candidates of the manufacturing linked incentive scheme are being inspired to make use of the system.

He was addressing the media after a overview assembly on the Nationwide Single Window System in New Delhi on Monday. The assembly witnessed participation from 32 central ministries/departments, 36 states/UTs and business associations.

NSWS additionally helps in decreasing information duplication and filling the identical information in varied varieties utilizing the auto-population module, he added.

He identified that NSWS has obtained practically 76,000 purposes/requests to this point and about 48,000 approvals had been granted.

Renewal of licences would even be introduced below NSWS quickly beginning with 5 ministries like commerce and business, client affairs, meals and public distribution and textiles.

The targets of the overview assembly was to make sure onboarding of investor-related clearances so as to meet timelines

(Aside from the headline, this story has not been edited by NDTV employees and is revealed from a syndicated feed.)

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