Centre weighs PAN as single-point identifier to expedite clearances
NEW DELHI: Commerce and industry minister Piyush Goyal said the government is considering the use of Permanent Account Number or PAN as a single-point identifier to facilitate expeditious regulatory approvals to new investment proposals under the single window, besides allowing a similar facility for renewal of licenses and periodic compliances.
The proposal involves the use of PAN as a unique identifier for entering the National Single Window System (NSWS) instead of using other identifiers for central and state-level regulatory approvals, he said at a press conference on Monday.
PAN is likely to be used as a unique identifier for API integration of data between ministries and states for ensuring a unique business user ID. NSWS also helps reduce data duplication and fills the same data in various forms using auto-population module, he said. Goyal added that the commerce ministry has already approached the Department of Revenue (DoR) on this matter. DoR is an arm of the Union finance ministry.
“We are moving towards using one of the existing databases as the entry point, which is already available with the government...and most probably that will be the PAN number. So, with the PAN, a lot of the basic data about the company, its directors, addresses, and a lot of common data is already available in the PAN database,” he said.
At present, there are more than a dozen different IDs for businesses such as 15-digit Goods and Services Tax Identification Number (GSTIN), TIN and Tax Deduction Account Number or Tax Collection Account Number (TAN). A pilot version of NSWS is already working with encouraging results, Goyal said. It received nearly 76,000 applications or requests and about 48,000 approvals were granted so far, and technical glitches in NSWS were as low as 514, meaning that the portal showed over 99% efficiency, he added.
NSWS would help realise Prime Minister Narendra Modi’s vision of “transforming red tape to red carpet” and currently 27 central departments and 19 states have been on-boarded on the system, the minister explained.
The minister was addressing reporters after a review meeting on the single window system. The meeting witnessed participation from 32 central ministries and departments, 36 states and union territories and industry associations.