business vertical definition

business vertical means a distinguishable component of an enterprise that is engaged in the supply of individual goods or services or a group of related goods or services which is subject to risks and returns that are different from those of the other business verticals.
business vertical means a distinguishable component of an enterprise that is engaged in the supply of individual goods or services or a group of related goods or services which is subject to risks and returns that are different from those of the other business verticals.Explanation.––For the purposes of this clause, factors that should be considered in determining whether goods or services are related include––
business vertical means a distinguishable component of an enterprise that is engaged in supplying an individual product or service or a group of related products or services and that is subject to risks and returns that are different from those of other business verticals;Explanation: Factors that should be considered in determining whether products or services are related include:

More Definitions of business vertical

business vertical means a distinguishable component of an enterprise
business vertical means a distinguishable component of an enterprise that is engaged in supplying
business vertical means a distinguishable component of an enterprise that is engaged
business vertical means a distinguishable component of an enterprise that is engaged in supplying an individual product or service or a group of related products or services and that is subject to risks and returns that are different from those of other business verticals;
business vertical means a distinguishable component of an
business vertical means a distinguishable component of an enterprise that is engaged in supplying an individual product or service or a group of related products or services and that is subject to risks and returns that are different from those of other business verticals.12-Jun-17CA Sahib Singh ChoudharyCANCELLATION OF REGISTRATION (Sec 29)❖ The proper officer may, either on his own motion or on an application filed, in the prescribed manner, by the registered taxable person or by his legal heirs, cancel the registration in following circumstances:
business vertical means a distinguishable component of an enterprise that is engagedin supplying an individual product or service or a group of related products or services and that is subject to risks and returns that are different from those of other business verticals; Explanation: Factors that should be considered in determining whether products or services are related include: (a) the nature of the products or services; (b) the nature of the production processes; (c) the type or class of customers for the products or services; (d) the methods used to distribute the products or provide the services; and (e) if applicable, the nature of the regulatory environment, for example, banking, insurance, or public utilities.