What are the advantages of having a BIN?

 A businessman’s legal validity of business is established through the BIN. You can avail the following advantages:

• All import- export activities except baggage import.
• Registration of land or building in the name of the person registered or enlisted.
• Obtaining Import Registration Certificate or Export Registration Certificate.
• Supplying to any Withholding Entity.
• Participating in any tender.
• Enlisting with any organization.
• Obtaining Bond License.
• Sanction of Bank loan in favor of a registered or enlisted person.