Commodate - Law Dictionary Search Results

Grocery

The commodities sold by grocers as tea coffee spices etc in the United States almost always in the plural form

in itself is not a 'good', but when transferred to a laser-readable disc it becomes a readily merchant-able commodity. Similarly, when a professor deliv-ers a lecture, it is not a good, but, when transcribed as a book,

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Manufacture

461: (1980) 1 SCR 961. It is only when the change, or a series of changes, take the commodity to the point where commercially it can no longer be regarded as the original commodity but instead is

Processing

the act of processing. 'What is necessary in order to characterise an operation as 'processing' is that the commodity must, as a result of the operation, experience some change' (See Chowgule & Co. Pvt. Ltd. v. Union

Dealer, auction

shown that he carries on business of purchase or sale or storage for sale of any of the commodities specified in the Schedule, and that the sale must be in quantity to 100 mds. or more at

Drawback

Drawback, 'drawback' means the repayment of duties or taxes previously charged on commodities, from which they are relived on exportation, State of Uttar Pradesh v. Delhi Cloth Mills, (1991) 1 SCC

Income

SCR 1. The expression 'income' in its normal connotation does not mean mere production or receipt of a commodity which may be converted into money. Income arises when the commodity is disposed of by sale consumption or

Money

freely from hand to hand throughout the community, in the final discharge of debts and full payment for commodities; being accepted equally without reference to the character or credit of the person who offers it, and without

Money Bill

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