It reads as follows: "2(g) 'sale ' with all its grammatical variations and cognate expressions means any transfer of property in goods for cash or deferred payment or other valuable considera tion, including a transfer of property in goods made in course of the execution of a contract, but does not,include a mortgage, hypothecation, charge or pledge: Explanation (I): A transfer of goods on hire purchase or other installment system of pay ment ' shall, notwithstanding 1006 that the seller retains a title to any goods as security for payment of the price, be deemed to be a sale; Explanation (11): Notwithstanding anything to the contrary in the Indian , the sale of any goods which are actually in the Central Provinces and Berar at the time when the contract of sale as define in that Act in respect thereof is made, shall wherever the. said contract of sale is made, be deemed for the purpose of this Act to have taken place in the Central Provinces and Berar".