1930

The contract of sale of goods act is governed by the sales of goods act, 1930. The act extends to the whole of India except the state of Jammu and Kashmir. Till 1930, all the transactions were governed by the Indian Contract Act, 1872. In 1930, Sections 76-123 was replaced by the Sale of Goods Act, 1930. This act deals with the subject matter of movable property and not with immovable property.