In civil law systems, personal property is often called movable property or movables – any property that can be moved from one location to another.
1. The movable property can easily be transported from one place to another, without changing its shape, capacity, quantity or quality.
2. Examples: vehicles, books, utensils, timber, etc.
3. Mango trees, if cut and sold for timber purpose, are deemed as movable property.
4. Contract for cutting the bamboos and collection of beedi leaves for orve sjear comes under movable property.
5. The movable property need not be registered under the Indian Registration Act, 1908. It is purely optional.
6. The movable property is liable to sales tax, and Central sales tax, subject to certain restrictions and conditions under the Andhra Pradesh General Sales Tax Act, 1957 (or the State concerned) and the Central Sales Tax Act, 1956.
7. Mere delivery with intention to transfer the movable property completes the transfer.
8. Movable property does not form an accretion to an ancestral impartibly estate. (Case-law: Thakur Hari Singh vs. Commissioner of Income-tax (AIR 1968 Raj. 5)