Arthashastra

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देश काल अतिपातने वा परिहीणं सम्प्रदान कालिकेन अर्घेण मूल्यम् उदयं च दद्युः ॥

The rules regarding pledges shall also apply here. If owing to distance in time or place there occurs any fall in the value of the merchandise, the retail dealers shall pay the value and profit at that rate which obtained when they received the merchandise.

english translation

deza kAla atipAtane vA parihINaM sampradAna kAlikena argheNa mUlyam udayaM ca dadyuH ॥

hk transliteration by Sanscript

यथा सम्भाषितं वा विक्रीणाना न उदयम् अधिगच्छेयुः, मूल्यम् एव दद्युः ॥

Servants selling commodities at prices prescribed by their masters shall realise no profit. They shall only return the actual sale proceeds.

english translation

yathA sambhASitaM vA vikrINAnA na udayam adhigaccheyuH, mUlyam eva dadyuH ॥

hk transliteration by Sanscript

अर्घ पतने वा परिहीणं यथा परिहीणं मूल्यम् ऊनं दद्युः ॥

If prices fall, they shall pay only as much of the sale proceeds as is realised at the low rate.

english translation

argha patane vA parihINaM yathA parihINaM mUlyam UnaM dadyuH ॥

hk transliteration by Sanscript

सांव्यवहारिकेषु वा प्रात्ययिकेष्व् अराज वाच्येषु भ्रेष उपनिपाताभ्यां नष्टं विनष्टं वा मूल्यम् अपि न दद्युः ॥

But such merchants as belong to trade-guilds (samvyavaharikeshu) or are trustworthy and are not condemned by the king need not restore even the value of that merchandise which is lost or destroyed owing to its inherent defects or to some unforeseen accidents.

english translation

sAMvyavahArikeSu vA prAtyayikeSv arAja vAcyeSu bhreSa upanipAtAbhyAM naSTaM vinaSTaM vA mUlyam api na dadyuH ॥

hk transliteration by Sanscript

देश काल अन्तरितानां तु पण्यानां क्षय व्यय विशुद्धं मूल्यम् उदयं च दद्युः, पण्य समवायानां च प्रत्यंशम् ॥

But of such merchandise as is distanced by time or place, they shall restore as much value and profit as remains after making allowance for the wear and tear of the merchandise.

english translation

deza kAla antaritAnAM tu paNyAnAM kSaya vyaya vizuddhaM mUlyam udayaM ca dadyuH, paNya samavAyAnAM ca pratyaMzam ॥

hk transliteration by Sanscript