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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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joint-venture-company
joint venture company in india ?

As per Companies Act, 2013, Joint Venture (JV) means Joint Arrangement between two or more parties having Joint Control and Rights of the entity to run a business or to fulfill a commercial objective.

The JV can take various forms ; such as equity based or contractual, long term business or limited period project, entirely new business or existing business, formal contractual agreement or informal understanding between the parties, etc. It is an effective business strategy for enhancing marketing, positioning, sunergy and client acquisition. This type of entity is most prevalent in sectors like high-technology, high-capital or high-technical capabilities sectors, e.g., insurance, asset management, oil and gas, infrastructure and defence sectors.

Benefits of joint venture in india
Documents required for joint venture :

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