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<h1>Delhi VAT Act 2004: Definitions Clarify 'Accountant,' 'Dealer,' 'Goods,' and More for Tax Application</h1> The Delhi Value Added Tax Act, 2004 defines various terms for the application of VAT in Delhi. An 'accountant' includes chartered and cost accountants. 'Business' encompasses services, trade, commerce, and manufacturing, whether profit-driven or not. 'Dealer' refers to any entity engaged in buying or selling goods, including agents and auctioneers. 'Goods' are defined broadly, excluding certain financial instruments. The 'sale' includes any transfer of goods, including hire purchase and auctions. 'Tax' refers to the VAT payable, and 'turnover' is the aggregate sale price. The Act also defines terms like 'importer,' 'capital goods,' 'casual trader,' and 'works contract.'