Price Range - Law Dictionary Search Results
Home Dictionary Name: price rangeprice range
price range the high and low amount a buyer is willing to pay for a home. Source: U.S. Department of Housing and Urban Development ...
Sale price
Sale price, 'Sale Price' means the amount payable to a dealer as consideration for the sale of any goods, less any sum allowed as cash discount according to the practice normally prevailing in the trade, but inclusive of any sum charged 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 of the cost of installation in case where such cost is separately charged and the expression 'purchase price' shall be construed accordingly, Shree Gopal Industries Ltd. v. State of Rajasthan, AIR 1971 SC 2054: (1971) 2 SCC 532.(ii) Under s. 4 of the Madhya Pradesh General Sales Tax Act, 1958 the liability to pay tax is that of the dealer. The purchaser has no liability to pay tax. There is no provision in the Act from which it can be gathered that the Act imposes any liability on the purchaser to pay the tax imposed on the dealer. If the dealer passes on his tax burden to his purchasers he can only do it by au...
Upset price and value
Upset price and value, in the case of A.U. Natarajan (Dr.) v. Indian Bank, AIR 1981 Mad 141, it has been held that the expressions 'value of a property' and 'upset price' are not synonymous but have different meanings. That the term 'upset price' means lowest selling price or reserve price. That unfortunately in many cases the word 'value' has been used with reference to upset price. That the sale has to commence at the higher price and in the absence of bidders, the price will have to be progressively brought down till it reaches the upset price. That the upset price is fixed to facilitate the conduct of the sale. the fixation of upset price does not preclude the claimant from adducing proof that the land is sold for a low price, Anil Kumar Srivastava v. State of Uttar Pradesh, (2004) 8 SCC 671 (679): AIR 2004 SC 4299. [Contract Act 1872, ss. 2(a), 2(b), 4 and 7]...
Wholesale cash price
Wholesale cash price, there can be no doubt that the 'wholesale cash price' has to be ascertained only on the basis of transactions at arms length. If there is a special or favoured buyer to whom a special low price is charged because of extra-commercial considerations, e.g. because he is relative of the manufacturer, the price charged for those sales would not be the 'wholesale cash price' for levying excise under s. 4(a) of the Act, A.K. Roy v. Voltas Limited, AIR 1973 SC 225 (228): (1973) 3 SCC 503: (1973) 2 SCR 1089. [Central Excise and Sales Act, 1944, s. 4(a)]Where a manufacturer sells the goods manufactured by him in wholesale to a wholesale dealer at arms length and in the usual course of business, the wholesale cash price charged by him to the wholesale dealer less trade discount would represent the value of the goods for the purpose of assessment of excise. That would be the wholesale cash price for which the goods are sold at the factory-gate within the meaning of s. 4(a), A...
asset depreciation range
asset depreciation range : a range of useful lives assigned to types of property under the Internal Revenue Code for purposes of depreciation ...
long range
involving an extended span of time of plans goals or predictions as long range goals a long range weather forecast...
Ranges Act, 1891
Ranges Act, 1891 (English) (54 & 55 Vict. c. 54), facilitated the acquisition of ranges by or for volunteer corps; the Military Lands Act, 1892 (55 & 56 Vict. c. 43), has repealed and superseded it with the exception of its 11th section, so far as it relates to acquisition of land under the Defence Acts. As to the right of an owner, whose lands are compulsorily taken, to be compensated for the injurious affection of his adjoining lands, see Blundell v. Rex, (1905) 1 KB 516, and Acquisition of Land (Assessment of Compensation Act), 1919, also particular statutory provisions...
vertical price-fixing
vertical price-fixing : an illegal arrangement in which parties at different levels of a system of production and distribution act to fix the market price of goods ;esp : resale price maintenance compare horizontal price-fixing NOTE: Vertical price-fixing is a per se violation of antitrust laws. ...
price-fixing
price-fixing : the usually illegal setting of prices artificially (as by producers) contrary to free market operations see also horizontal price-fixing, vertical price-fixing ...
Fiars prices
Fiars prices, the value of grain in the different counties of Scotland, fixed yearly by the respective sheriffs, in February, with the assistance of juries. These regulate the prices of grain stipulated to be sold at the fiars prices, or when no price has been stipulated, Erskine, 1. 1, tit. 4, s. 6....
- << Prev.
- Next >>
Sign-up to get more results
Unlock complete result pages and premium legal research features.
Start Free Trial