another in the course of business for cash for deferred payment or other valuable consideration..
Explanation I. The transfer of property involved in the supply ... association to its members, for cash, or for deferred payment, or other valuable consideration, whether or not in the course of business shall be deemed
contract, of property in any
goods for cash, deferred payment or other valuable consideration;
(b) a tax on the transfer of property in goods whether ... whether or not for
a specified period) for cash, deferred payment or other valuable consideration;
(e) a tax on the supply of goods
contract, of property in any goods for cash, deferred payment
or other valuable consideration;
(b) a tax on the transfer of property in goods whether ... whether or not for a specified period) for cash,
deferred payment or other valuable consideration;
(e) a tax on the supply of goods
Consideration
2.2.1 The phrase "consideration" has not been defined in the Act. What is,
therefore, the meaning of "consideration ... includes monetary payment and any
consideration of non-monetary nature or deferred consideration as well as
recharges between establishments located in a non-taxable territory
1192/2011
trade or business for cash or for deferred payment or other valuable
consideration and includes, -
a) a transfer otherwise than in pursuance ... called as a
sale only when there is a consideration (cash or deferred payment,
or other valuable consideration). In this case, the said deemed sale
contract, of
property in any goods for cash, deferred payment or other valuable
consideration;
(b) a tax on the transfer of property in goods (whether ... whether or not for a specified period) for cash, deferred payment or other
valuable consideration;
(e) a tax on the supply of goods
contract, of property
in any goods for cash, deferred payment or other valuable consideration;
(b) a tax on the transfer of property in goods whether ... whether
or not for a specified period) for cash, deferred payment or other valuable
consideration;
(e) a tax on the supply of goods
consideration for sale. It also cannot be treated as a deferred consideration. The respondents while issuing Circular dated 1st July, 2002 have wrongly referred
contract, of property in any goods for cash, deferred
payment or other valuable consideration; (b) a tax on
the transfer of property in goods (whether ... whether or not for a
specified period) for cash, deferred payment or
other valuable consideration;
(e).........
(f).........."
(emphasis supplied)
16
ST/52898/2018
contract, of
property in any goods for cash, deferred payment or other valuable
consideration;
(b) a tax on the transfer of property in goods (whether ... whether or not for a specified period) for cash, deferred
payment or other valuable consideration;
(e) a tax on the supply of goods