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Indirect Tax Laws

Notes Registered Dealer [Section 2(f)]

This means a dealer who is registered under Section 7 of the Act.

Declared Goods [Section 2(C)]

It includes those goods which are considered to be of special importance in interstate trade or
commerce under section 14. Some of these goods are:
 Cereals

 Coal
 Cotton
 Crude Oil

 Jute
 Oilseeds
 Pulses
 Sugar

Goods [Section 2(D)]

This includes all material articles or commodities and all kind of movable property excluding
newspapers, actionable claims, stocks, shares, and securities. If newspapers are sold as scrap
then, it will be charged to central sales tax if it is an inter-state sale.

Task Discuss about Appropriate State.

Place of Business [Section 2(DD)]

Central sales tax is collected by that state Government where the dealer has place of business.
This includes –

1. the place of business of agent if, business is carried on through such agent.
2. place where dealer stores his goods like warehouse and godown.
3. place where a dealer keeps his books of accounts.

Sale [Section 2(G)]

It means transfer of property in goods by one person to another for cash or for deferred payment
or for any valuable consideration. However, a mortgage, hypothecation of, or a charge, or
pledge on goods is not included.
Essential elements of sale:

 Goods should be transferred
 General property in good should be transferred
 Price must be paid

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