Taxpayer Identification Number (TIN) is an important document for individuals and businesses in Bangladesh. It facilitates tax identification and compliance with the tax laws of the country However, there may be situations where individuals or businesses need to cancel or deactivate their TIN certificate. Whether for business closure, relocation or other reasons, it is essential to understand the process of canceling or deactivating a TIN certificate. In this guide, we will walk you through the steps involved in Cancel or Deactivate TIN certificate in Bangladesh.
What Is an e-TIN Certificate?
An e-TIN certificate is a digital document issued by the National Board of Revenue (NBR) in Bangladesh. It serves as a unique identifier for individuals and businesses for tax purposes. E-TIN certificate facilitates online tax filing, payment and other transactions with tax authorities. Obtaining an e-TIN certificate is mandatory for individuals and entities engaged in economic activities in Bangladesh. This digital certificate streamlines the tax process, promoting efficiency and transparency in tax administration.
Who Can Deactivate TIN?
Deactivate TIN Certificate involves a formal process controlled by the tax authorities. In Bangladesh, the National Board of Revenue (NBR) oversees TIN-related matters. Generally, individuals or businesses who are registered TIN holders can request deactivation.
Reasons for deactivation may include ceasing business, relocating outside Bangladesh or ceasing to meet tax obligations. However, it is imperative to comply with the legal requirements and procedures outlined by the NBR while initiating the deactivation process. Successful deactivation of TIN requires proper documentation and compliance with regulations.
Eligibility to cancel a TIN certificate
Not everyone can simply cancel their TIN. Bangladesh National Board of Revenue (NBR) outlines the specific circumstances where cancellation is allowed:
- Death of Taxpayer: If the TIN holder dies, a legal representative can apply for cancellation with proper documents.
- No taxable income: Individuals who have no taxable income for the last three years can apply, provided they have filed zero returns for that year. This applies even if they have obtained a TIN for a specific purpose in the past.
- Non-Resident Foreign Nationals: Non-residents of Bangladesh may have their TIN cancelled.
- Senior citizens without taxable income: Persons above 65 years of age (both male and female) can cancel their TIN if they have no current or past taxable income.
Reasons for Cancel or Deactivate TIN Certificate
There are various reasons why individuals or businesses may need to cancel or deactivate their TIN certificate:
- Closure of Business: If a business ceases its operations, its TIN certificate may have to be cancelled.
- Re-location: Individuals or businesses relocating outside of Bangladesh may choose to deactivate their TIN certificate.
- Change in tax status: In cases where an individual or business is no longer liable to pay tax, they can cancel their TIN certificate.
- Errors in TIN Registration: If there are mistakes or errors in the TIN registration process, the certificate may need to be cancelled.
Required Document For Cancel or Deactivate TIN Certificate
- Original TIN certificate
- Photocopy of a valid national identity card (NID)
- Receipt/Certification Copy of Previous Income Tax Returns
How to Cancel or Deactivate TIN Certificate in Bangladesh?
- Application: Prepare a written application addressed to the Deputy Commissioner of Taxes (DCT) of your circle mentioning your TIN number and reason for deactivation.
- Supporting Documents: Attach the following documents with your application: Photocopy of your National Identity Card (NID). Zero tax return form for last three years (if applicable). Any other documents supporting the reason for your deactivation (example: Certificate of Business Closer).
- Submission: Submit your application and documents to the concerned DCT office in person or through a registered mail service.
- Processing: The DCT office will review your application and documents. They may contact you for further information or verification if necessary.
- Decision: Once the review is complete, DCT will notify you of their decision to deactivate your TIN.
It is advisable to consult a tax professional or the National Board of Revenue (NBR) for specific guidance on your situation and ensure that you meet all the requirements before applying for deactivation. While there is no official fee associated with TIN deactivation, there may be nominal charges for document processing or registered mail services. Remember, deactivating your TIN does not relieve you of any outstanding tax liability or penalty.
Cancel or Deactivate TIN Certificate Fees
There is no cost declared by the government in the complete application process for cancellation of TIN certificate. That is, taxpayers can cancel their TIN certificate free of charge.
Final Thought
Canceling or deactivating a TIN certificate in Bangladesh is a simple process that involves informing the tax authorities, submitting an application and providing the necessary documents. By following the steps outlined in this guide, individuals and businesses can effectively cancel or deactivate their TIN certificate when needed. It is important to ensure compliance with all regulations and procedures to avoid any complications in the process.