cottage industry definition
cottage industry means a business where the principal place of business is the owner’s residence.
cottage industry means an industry specified as such by rules made by the State Government, regard being had in particular to the fact that such industry is carried on by an artisan in or near his home, and the capital of which does not exceed Rs. 25,000/- (or such other sum as the State Government may from time to time in such rules denote);
cottage industry means an industry where the creation of products and services is home‐based, rather than factory‐based;
More Definitions of cottage industry
cottage industry means a manufacturer whose annual turnover from taxable supplies made in any tax period during the last twelve months ending any tax period does not exceed 1[ten] million rupees or whose annual utility (electricity, gas and telephone) bills during the last twelve months ending any tax period do not exceed 2[eight] hundred thousand rupees;]
cottage industry means a small-scale manufacturing process or other business that takes place in residential premises.
cottage industry means a manufacturing concern, which fulfils each of following conditions, namely:−
cottage industry means any industry that is carried on in a place which is not a factory for the purposes of the Factories Act, 1948.
cottage industry means a small scale, decentralized dairy manufacturing business whose handling capacity does not exceed 500 kilograms of milk per day;
cottage industry means a small business or service operation located entirely within a dwelling, or as an accessory structure located on the same lot or tract as a dwelling, which complies with the requirements of local code. The use is clearly incidental and secondary to the use of the property and is compatible with adjacent land uses. A cottage industry will have less than 5 employees, generate low traffic volumes, and have little or no noise, smoke, odor dust glare, or vibration detectable at any property line.
cottage industry means any occupation for monetary gain that demands a skill, practiced ability, or apprenticeship in a trade, art, or craft that results in the assembly, processing, manufacture or preparation of physical product from other physical resources; or the restoration of items of art or antiques; or involves the teaching or training of creative arts or performance skills; and allows as accessory uses: