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THE RAJASTHAN VALUE ADDED TAX ACT, 2003
CHAPTER- I : PRELIMINARY

2. Definitions,-

In this Act, unless the subject or context otherwise requires,-

(19) "lease" means any agreement or arrangement whereby the right to use any goods for any purpose is transferred by one person to another whether or not for a specified period for cash, deferred payment or other valuable consideration without the transfer of ownership, and includes a sub-lease but does not include any transfer on hire purchase or any system of payment by instalments;