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Dealer's liability to pay tax - Hypothecation of goods - ...


Understanding Dealer Tax Liability: How "Sale" Definition in 1963 Act Differs from Sale of Goods Act, 1930 and Affects Tax.

October 29, 2013

Case Laws     VAT and Sales Tax     HC

Dealer's liability to pay tax - Hypothecation of goods - definition of the word “sale“ under the 1963 Act is not the same as under section 4 of the Sale of Goods Act, 1930. The definition of the word “sale“ in section 2(xxi) in the 1963 Act is very similar to section 2(g) of the Central Sales Tax Act, 1956 - transaction liable to tax - HC

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