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Section 2

Ins. by s. 3, ibid. (w.e.f. 18-5-2023).

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2. Ins. by s. 3, ibid. (w.e.f. 18-5-2023). (l) " person " includes — (i) an individual; (ii) a Hindu undivided family; (iii) a company; (iv) a firm; (v) an association of persons or a body of individuals, whether incorporated or not, in India or outside India; (vi) any corporation established by or under any Central, State or Provincial Act or a Government company as defined in 1 [clause (45) of section 2 of 2 [the Companies Act, 2013 (18 of 2013)]]; (vii) any body corporate incorporated by or under the laws of a country outside India; (viii) a co-operative society registered under any law relating to co-operative societies; (ix) a local authority; (x) every artificial juridical person, not falling within any of the preceding sub-clauses; (m) " practice " includes any practice relating to the carrying on of any trade by a person or an enterprise; (n) " prescribed " means prescribed by rules made under this Act; (o) " price " , in relation to the sale of any goods or to the performance of any services, includes every valuable consideration, whether direct or indirect, or deferred, and includes any consideration which in effect relates to the sale of any goods or to the performance of any services although ostensibly relating to any other matter or thing;