Hi,
The full form of CIN is country India Version Taxation.
It will covers with holding tax, service tax and Excise duty.
All with holding tax accounts are fall under Liabilities side of the B/S, Service tax and Excise input accounts are fall under Assets side of the B/S and output accounts are fall under Liabilities side of the B/S. Always while doing any postings, it will effect your B/S in that way it is related with FI module and it is only applicable for India and covers the Indian Taxation.
Regards,
Ravi