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CBIC is working on biometric authentication of risky entities under GST as it looks to crack down on fraudsters who are misusing the PAN and Aadhaar of other people to obtain GST registration. CBIC is working on biometric authentication of risky entities under GST as it looks to crack down on fraudsters who are misusing the PAN and Aadhaar of other people to obtain GST registration, CBIC chief Vivek Johri said.

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private-limited-company
Description :
Limited Liability Partnership :

 According to Section 2 (68) of the Companies Act, 2013, “a company with limited liability has a regulated minimum share capital and which, according to its articles of association :

1. Restrict the right to transfer your shares.

2. Limit the number of its members to two hundred, except in a partnership consisting of one person.

3. Prohibits inviting the public to subscribe to the company’s securities.

Most Indian startups and companies with higher ambitions choose a private limited company as an appropriate business structure.

Benefits :
LLP Registration :

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