The Central Board of Indirect Taxes and Customs (CBIC) has notified a new amendment to GST rules.
It aims to issue TIN to entities that are not required to register under the GST Act but need to make payments under some specific provision.
Under Goods and Services Tax (GST) rules, registration is mandatory for businesses with an annual turnover of ₹40 lakh and ₹20 lakh in the manufacturing and services sectors, respectively.