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Why is HSN Mandatory in all GST Invoice & Who is eligible for the HSN code in GST?

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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...

Conversion of Company | Memorandum of Association (MOA) and Articles of Association (AOA)

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Conversion of Company Section 18 of the Companies Act of 2013 allows a registered company to change its type by amending the Memorandum of Association (MOA) and Articles of Association (AOA) . 🌐 Navigate the evolution of your company! Learn the ins and outs of transitioning from a One-Person Company to a dynamic Private Limited or Public Company. 💡 For new business registration and support, contact kanakkupillai today. 🌌🚀  Swipe To Learn More >>> For more information, please write to us at support@kanakkupillai.com or visit https://www.kanakkupillai.com/learn/conversion-of-company/ How can a business undergo conversion? By amending the Memorandum of Association and Articles of Association, a company can transform into another type following the regulations of the Companies Act 2013. Subsequently, apply to the Registrar of Companies (ROC) and close the previous registration upon approval. After completing all necessary paperwork, the company will receive a certificate o...