Site navigation

Under Section 64A of the Sale of Goods Act, 1930, where a tax is imposed or increased after the making…

Section64A(1)(a), where applicable, lets the seller recover the qualifying tax addition as part of the contractual price. It supplies neither an automatic rescission right…

Choose your answer

Under Section 64A of the Sale of Goods Act, 1930, where a tax is imposed or increased after the making of the contract and the seller adds the amount of the tax to the contract price, the seller is entitled to:

Select one answer
Answer and explanation

Correct answer B

Section64A(1)(a), where applicable, lets the seller recover the qualifying tax addition as part of the contractual price. It supplies neither an automatic rescission right nor a fixed bank-rate interest award. Other price, possession or interest remedies still depend on their own legal conditions.

Practice for these exams

Related exam syllabi

Related questions in this topic