Production Operation - Law Dictionary Search Results
Production operation
Matched in: Term Production operation
operating expenses
operating expenses The expenses of a business not directly associated with the making of a product or providing of a service, such as administrative, technical or selling expenses … operating expenses The expenses of a business not directly associated with the making of a product or providing of
Manufacture
The operation of making wares or any products by hand by machinery or by other agency
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Producer
'a thing produced by nature or a natural process' but also 'that which is produced by any action, operation or work; a production', Nakirekanti Panduranga Rao v. State of Andhra Pradesh, 1976 (1) Andh WR 41. The … or industrial goods, makes or manufacture the goods, and includes any person who trades or deals in such production, exploitation, making or manufacturing, as the case may be, of the goods. [Geographical Indications of Goods (Registration and
Industry
Diligence in the performance of task (2) Systematic labour for some useful purpose esp., work in manufacturing or production (3) A particular form or branch of productive labour; an aggregate of enterprises employing similar production and marketing … calling, service, employment, handicraft or industrial occupation or a vocation of employees; and includes: (i) agriculture and agricultural operations; (ii) any branch of any industry or group of industries which the State Government may, by notification, declare
Trade
Trade, includes persons in a line of business in which persons are employed as workmen. It denotes the operation undertaken rests upon co-operation between employers and employees with a view to production and distribution of material goods, … SC 1167: (1980) 2 SCC 322. It means any trade, business, industry, profession or occupation relating to the production, supply, distribution or control of goods and includes the provision of any services. [Monopolies and restrictive Trade Practices
Profession
In any event, they are not engaged in an occupation in which employers and employees co-operates in the production or sale of commodities or arrangement for their production or sale or distribution and their services cannot be … or of manual skill controlled as in painting and sculpture, or surgery by the intellectual skill of the operator, as distinguished from an occupation which is substantially the production or sale or arrangement for the production or
Processing
or material which is subjected to the act of processing. 'What is necessary in order to characterise an operation as 'processing' is that the commodity must, as a result of the operation, experience some change' (See Chowgule … Ltd. v. Commissioner of Income Tax, New Delhi, AIR 1991 SC 2125. Processing, include the preservation of such products as canning, freezing drying, salting, smoking, peeling or filleting etc., Regional Executive, Kerala Fishermen's Welfare Fund Board v.
Entity
or intending to be engaged in refining, processing storage, transpor-tation, distribution, marketing, import and export of petroleum, petroleum products and natural gas including laying of pipelines for transportation of petroleum, petroleum products and natural gas, or laying, … natural gas including laying of pipelines for transportation of petroleum, petroleum products and natural gas, or laying, building, operating or expanding city or local natural gas distribution network or establishing and operating a liquefied natural gas terminal,
Agricultural product
to include not only primary agricultural product as it grows but also a product subject to a simple operation making the same more saleable or more usable, Commissioner of Income Tax v. Cynamid India Ltd., (1999) 3 … Agricultural product, should be construed literally to include not only primary agricultural product as it grows but also a product
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