Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Article 366(29A) Defines Tax on Sales or Purchases, Including Works Contracts and Hire-Purchase Transactions</h1> Article 366(29A) of the Indian Constitution defines 'tax on the sale or purchase of goods' to include various transactions. These encompass taxes on non-contractual transfers of property in goods for cash or other considerations, transfers involved in works contracts, delivery of goods through hire-purchase or installment systems, and transfers of the right to use goods. Additionally, it includes taxes on supplies by unincorporated associations to members and the supply of consumable goods as part of services. Such transactions are considered sales by the supplier and purchases by the recipient.