Explore the significance of HSN codes in GST invoices. Their mandatory inclusion simplifies processes, improves accuracy, and facilitates efficient tax compliance. 📦⚖️💼 Swipe >>> For more information, please write to us at support@kanakkupillai.com or visit https://ibit.ly/qz0Fq GST is a comprehensive indirect tax levied in India since July 2017. It replaced a complex web of multiple taxes at the state and central levels, unifying the Indian market into a single economic zone. GST subsumes taxes like excise duty, service tax, VAT, and others, streamlining tax administration and reducing cascading effects. This consumption-based tax system aims to create a transparent, efficient, and accountable taxation regime. It benefits businesses by simplifying compliance and reducing tax burdens while promoting economic growth. The GST registration represents a significant step towards transforming India's taxation structure and fostering a more unified and integrated economy. Unde...