Vidhara

The Sale of Goods Act, 1930

§61Interest by way of damages and special damages

(1) Nothing in this Act shall affect the right of the seller or the buyer to recover interest or special damages in any case where by law interest or special damages may be recoverable, or to recover the money paid where the consideration for the payment of it has failed. (2) In the absence of a contract to the contrary, the Court may award interest at such rate as it thinks fit on the amount of the price— (a) to the seller in a suit by him for the amount of the price— from the date of the tender of the goods or from the date on which the price was payable; (b) to the buyer in a suit by him for the refund of the price in a case of a breach of the contract on the part of the seller—from the date on which the payment was made.

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Official text: India Code (official)

Official India Code text: The Sale of Goods Act, 1930 (3 of 1930), English PDF (bitstream 123456789/2390/1/193003.pdf, 377,988 bytes, sha256 069ff04276e35110...) fetched directly from indiacode.nic.in (Akamai edge, DNS via dns.google) on 2026-08-01. Extracted via pdftotext 26.07 -bbox and the @nexlex/ingest inline parser. Automated parse; footnotes and amendment history excluded. Spot-verified against the PDF; full clause-level proofread pending.

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