branches and joint venture

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it is mandatory under gst act to register branches even if the aggregate turnover doesn't exceed 20 lakhs. but branch here means what ? what's the definition of branch under gst
and what about joint ventures.. say, x & y is a joint venture and the deed is so drafted that 99% profit of the y will be transferred to x .. then ? do provide answers
Replies (2)
Branches having or under the same PAN. Joint venture is a different entity and hence separate PAN and separate GSTIN.
is a business vertical is similar to a branch ?


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