Bare ActsThe TASHI NAMGYAL ACADEMY BOARD ACT,1983

Section 1956

Amendment status not verified — confirm the current text below against the official source.

(n) "sale price" means the amount payable to a dealer as consideration for the sale of goods, less any sum allowed as cash discount but inclusive of any sum cbarged for anything done by the dealer in respect of the goods at the time of or before the delivery thereof other than the cost of freight or delivery or the cost of installation in cases where such cost is separately charged; Explanation 1.- The term cash discount shall refer only to the discount allowed by the seller to the buyer for the pro- mpt or prior or early payment of sale price according to the practice prevailing in the trade; Explanation

Section 1956 – The TASHI NAMGYAL ACADEMY BOARD ACT,1983 | DailyLaw.ai