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TMI BlogDefinitionsX X X X Extracts X X X X X X X X Extracts X X X X ..... de, commerce, manufacture, adventure or concern is carried on with a motive to make gain or profit and whether or not any gain or profit accrues from such trade, commerce, manufacture, adventure or concern; and ( ii ) any transaction in connection with, or incidental or ancillary to, such trade, commerce, manufacture, adventure or concern; ( ab ) crossing the customs frontiers of India means crossing the limits of the area of a customs station in which imported goods or export goods are ordinarily kept before clearance by customs authorities. Explanation : For the purposes of this clause, customs station and customs authorities , shall have the same meanings as in the Customs Act, 1962 (52 of 1962) ;] 4 [( ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ( iii ) an agent for the collection or the payment of the sale price of goods or as a guarantor for such collection or payment, and every local branch or office in a State of a firm registered outside that State or a company or other body corporate, the principal office or headquarters whereof is outside that State, shall be deemed to be a dealer for the purposes of this Act. Explanation 2 : A Government which, whether or not in the course of business, buys, sells, supplies or distributes, goods, directly or otherwise, for cash or for deferred payment or for commission, remuneration or other valuable consideration, shall, except in relation to any sale, supply or distribution of surplus, unserviceable or old stores or materials o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... or any system of payment by installments; ( iv ) a transfer of the right to use any goods for any purpose (whether or not for a specified period) for cash, deferred payment or other valuable consideration; ( v ) a supply of goods by any unincorporated association or body of persons to a member thereof for cash, deferred payment or other valuable consideration; ( vi ) a supply, by way of or as part of any service or in any other manner whatsoever, of goods, being food or any other article for human consumption or any drink (whether or not intoxicating), where such supply or service, is for cash, deferred payment or other valuable consideration, but does not include a mortgage or hypothecation of or ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... egate of the sale prices received and receivable by him in respect of sales of any goods in the course of inter-State trade or commerce made during any prescribed period 10 [ and determined in accordance with the provisions of this Act and the rules made thereunder; ] 11 [ ( ja ) works contract means a contract for carrying out any work which includes assembling, construction, building, altering, manufacturing, processing, fabricating, erection, installation, fitting out, improvement, repair or commissioning of any movable or immovable property; ] ( k ) year , in relation to a dealer, means the year applicable in relation to him under the general sales tax law of the appropriate State, and where there is no such year ap ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tgage or hypothecation of or a charge of pledge on goods . 8. Inserted vide the Finance Act, 2005 w.e.f. 13.05.2005. 9. Substituted vide the Finance Act, 2005 w.e.f. 13.05.2005. before it was read as:- (i) Sales tax law means any law for the time being in force in any State or part thereof which provides for the levy of taxes on the sale or purchase of goods generally or on any specified goods expressly mentioned in that behalf, and general sales tax law means the law for the time being in force in any State or part thereof which provides fot he levy of tax on the sale or purchase of goods generally. 10. Substituted vide Act 28 of 1969, Section 2, for the words and determined in the prescribed manner 11. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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