DEMO|

The Orissa Value Added Tax Act, 2004
CHAPTER I : PRELIMINARY

2. Definitions

In this Act, unless the context otherwise requires,-

(34). "Prevailing market price" in relation to any goods sold means the published price in force in the market at the time when the sale of such goods occasioned or, in the absence of any such published price, the price at which such goods were capable of being sold in the open market at that time;