INDIA CODE
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business

Defined in 14 provisions, side by side
The words as enacted

"business" includes - (a) any trade, commerce, manufacture, profession, vocation, adventure, wager or any other similar activity, whether or not it is for a pecuniary benefit; (b) any activity or transaction in connection with or incidental or ancillary to sub-clause (a); (c) any activity or transaction in the nature of sub-clause (a), whether or not there is volume, frequency, continuity or regularity of such transaction; (d) supply or acquisition of goods including capital goods and services in connection with commencement or closure of business; (e) provision by a club, association, society, or any such body (for a subscription or any other consideration) of the facilities or benefits to its members; (f) admission, for a consideration, of persons to any premises; (g) services supplied by a person as the holder of an office which has been accepted by him in the course or furtherance of his trade, profession or vocation; (h) activities of a race club including by way of totalisator or a license to book maker or activities of a licensed book maker in such club; and (i) any activity or transaction undertaken by the Central Government, a State Government or any local authority in which they are engaged as public authorities;

No scope words printed.

The words as enacted

"business" includes every trade, occupation and profession

Scope words as printed: “In this Act, unless the context otherwise requires,—”. This text from 3 May 1836.

The words as enacted

"business" includes every trade, occupation and profession

Scope words as printed: “In this Act, unless the context otherwise requires,—”. This text from 2 September 1861.

The words as enacted

"business" includes every trade, occupation and profession

Scope words as printed: “In this Act, unless the context otherwise requires,—”. This text from 10 September 1939.

The words as enacted

"business" includes every trade, occupation and profession

Scope words as printed: “In this Act, unless the context otherwise requires,—”. This text from 11 April 1947.

The words as enacted

"business" includes every trade, occupation and profession

Scope words as printed: “In this Act, unless the context otherwise requires,—”. This text from 17 July 1961.

The words as enacted

"business" includes every trade, occupation and profession

Scope words as printed: “In this Act, unless the context otherwise requires,—”. This text from 18 September 1982.

The words as enacted

"business" includes every trade, occupation and profession

Scope words as printed: “In this Act, unless the context otherwise requires,—”. This text from 7 March 1994.

The words as enacted

"business" includes every trade, occupation and profession

Scope words as printed: “In this Act, unless the context otherwise requires,—”. This text from 17 April 2007.

The words as enacted

"business" includes every trade, occupation and profession

Scope words as printed: “In this Act, unless the context otherwise requires,—”. This text from 21 May 2010.

The words as enacted

"business" includes every trade, occupation and profession

Scope words as printed: “In this Act, unless the context otherwise requires,—”. This text from 10 March 2017.

The words as enacted

"business" includes every trade, occupation and profession

Scope words as printed: “In this Act, unless the context otherwise requires,—”. This text from 13 October 2025.

The words as enacted

"business" includes every trade, occupation and profession

Scope words as printed: “In this Act, unless the context otherwise requires,—”. This text from 4 July 2025.

The words as enacted

"business" includes every trade, occupation and profession

Scope words as printed: “In this Act, unless the context otherwise requires,—”. This text from 14 June 2026.

Used in the definitions of 1 other term
supplySection 7(1), Central Goods and Services Tax Act, 2017
Appears in 274 instruments
10Issue of registration certificate2 occurrences10Issue of registration certificate2 occurrences11Separate registration for multiple places of business within a State or a Union territory13 occurrences12Grant of registration to persons required to deduct tax at source or to collect tax at source1 occurrence12Grant of registration to persons required to deduct tax at source or to collect tax at source1 occurrence12Grant of registration to persons required to deduct tax at source or to collect tax at source1 occurrence13Grant of registration to non-resident taxable person2 occurrences138Information to be furnished prior to commencement of movement of goods and generation of e-way bill. - **6 occurrences138Information to be furnished prior to commencement of movement of goods and generation of e-way bill. - **6 occurrences138Information to be furnished prior to commencement of movement of goods and generation of e-way bill. - **6 occurrences138Information to be furnished prior to commencement of movement of goods and generation of e-way bill. - **6 occurrences139Inspection, search and seizure1 occurrence18Display of registration certificate and Goods and Services Tax Identification Number on the name board4 occurrences19Amendment of registration5 occurrences19Amendment of registration5 occurrences21Registration to be cancelled in certain cases2 occurrences21Registration to be cancelled in certain cases2 occurrences21Registration to be cancelled in certain cases2 occurrences21Registration to be cancelled in certain cases2 occurrences21Registration to be cancelled in certain cases2 occurrences25Physical verification of business premises in certain cases6 occurrences25Physical verification of business premises in certain cases3 occurrences3Intimation for composition levy2 occurrences3Intimation for composition levy2 occurrences32Determination of value in respect of certain supplies1 occurrence38Claim of credit by a banking company or a financial institution1 occurrence41Transfer of credit on sale, merger, amalgamation, lease or transfer of a business5 occurrences41Transfer of credit on sale, merger, amalgamation, lease or transfer of a business4 occurrences41ATransfer of credit on obtaining separate registration for multiple places of business within a State or Union territory4 occurrences42Manner of determination of input tax credit in respect of inputs or input services and reversal thereof8 occurrences43Manner of determination of input tax credit in respect of capital goods and reversal thereof in certain cases3 occurrences43Manner of determination of input tax credit in respect of capital goods and reversal thereof in certain cases3 occurrences5Conditions and restrictions for composition levy2 occurrences55Transportation of goods without issue of invoice1 occurrence55Transportation of goods without issue of invoice1 occurrence56Maintenance of accounts by registered persons4 occurrences58Records to be maintained by owner or operator of go down or warehouse and transporters2 occurrences58Records to be maintained by owner or operator of go down or warehouse and transporters2 occurrences6Validity of composition levy2 occurrences61Form and manner of furnishing of return2 occurrences83Provisions relating to a goods and services tax practitioner2 occurrences83Provisions relating to a goods and services tax practitioner2 occurrences86AConditions of use of amount available in electronic credit ledger2 occurrences9Verification of the application and approval5 occurrences9Verification of the application and approval5 occurrences9Verification of the application and approval3 occurrences9Verification of the application and approval3 occurrences9Verification of the application and approval2 occurrences97Consumer Welfare Fund1 occurrence97Consumer Welfare Fund1 occurrence