The Institute of Chartered Accountants of India (ICAI) has issued the Frequently Asked Question (FAQs) on Unique Document Identification Number (UDIN).
“I am pleased that more than 3 crore UDINs have been generated by the practicing Chartered Accountants till date. It is also noteworthy that various Regulators, banks, state governments have acknowledged the usefulness of the UDIN and have been actively utilising the services of UDIN Portal to verify the authenticity of the documents received by them,” the ICAI President CA. Nihar N. Jambusaria said.
It has been clarified that the UDIN can be verified through the “Verify UDIN” on UDIN Portal by be following the steps namely Please click on Verify UDIN, A window for entering a few details for verification will open, Enter the details such as Name of the Authority, Mobile Number and Email-id of the person searching the UDIN. The Authorities/Regulators/Banks/others can view certain information from the document for which the UDIN is verified.
Registration is not required for the regulator/third party for verification. For verifying the UDIN regulator/third party has to mention the UDIN number, Mobile number, email ID, and Name of the authorities searching UDIN.
All Regulators / Stakeholders like RBI, SEBI, CBDT, CBIC, RERA, MCA, IBA, etc. can ask for UDIN as it has become mandatory to generate UDIN by every full-time practicing member vide 379th Council Meeting dated 17th and 18th December 2018. ICAI has also approached various Regulators informing them about the UDIN mandate and requested them to insist upon UDIN on all documents certified by CAs.
As directed by the 379th ICAI Council Meeting held on 17th and 18th December 2018, with effect from 1st April 2019, UDIN is made mandatory for all Tax Audit Reports issued under IT Act, 1961 and GST Audit Reports issued under CGST Act, 2017. UDIN is mandatory even in cases where the Tax Audit Reports and GST Audit related to the period prior to 1st April 2019 are issued after such date. Since GST Audit is only applicable up to Financial Year 2019-20, for any belated filing of GST Audit Report for the period up to Financial Year 2019-20, in any subsequent Financial Year, UDIN shall be generated.
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