Para 15.15.8 — CAM

15.15.8 The key Id for information exchange with Authorized banks, RBI & O/o Pr. CCA, CBDT is the unique Id generated by TIN 2.0, i.e., CRN. Once the payment has been made by the taxpayer and CIN is generated and reported by the recipient bank, CIN which has CRN embedded therein would be used as key Id in subsequent stages. CIN is recommended to be used as a key Id as it is the sole indicator of the receipt of actual payment. Similarly, the transaction reported by RBI for the funds flow (credit) to government accounts through Credit Notifications forms the basis for accounting as it reflects the actual credit in the Government Account.