Business vertical in gst

CA Inderjeet Sunda (Chartered Accountant) (355 Points)

22 February 2019  

Business Vertical means a distinguishable component of a enterprise that is engaged in the supply of goods or service which is subject to risk and returns that are different from those other component or business verticals.

Factors Considered in determining Business Verticals: -

• Nature of Goods or service

• Nature of Production Procedure/ Processes

• Type/Class of Customers

• Methods used to distribute Goods or Service

• Nature of Regulatory Requirement.