Meaning of Goods & Services | Goods and Services Tax (GST) - B Com PDF Download

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As per the Article 366(12) of the constitution of India Goods include all materials, 
commodities and articles. 
 
As per the Central Goods and Services Act, 2017 (CGST Act, 2017), Goods are: 
Goods as every kind of movable property 
? Other than money and securities 
? But includes actionable claims, the forming part of land which are agreed to 
be served before supply such as growing crops, grass and things under a 
contract of supply. 
 The Actionable claims are included in Goods. As per the section 2(1) of CGST 
Act, 2017, the meaning of actionable claim is same as given in section 3 of the 
transfer of property Act, 1882. 
 
As per the section 3 of the Transfer of Property Act 1882,Actionable claim is a 
claim to any debt, other than a debt secured by mortgage of immovable property or 
by hypothecation or pledge of moveable property, or to any beneficial interest in 
moveable property not in possession either actual or constructive, of the claimant, 
which the civil courts recognize as affording grounds of relief whether such debt or 
beneficial interest be existent, accruing or conditional or contingent. 
 
In the definition of Goods Actionable claims is included and GST is levied on 
supply of actionable claims. As per the SCHEDULE III of CGST Act, 2017 
actionable claims, betting and gambling are to be treated neither as a supply of 
goods nor a supply of services, other than lottery. So GST will levied only on the 
activities related to lottery, betting and gambling. 
 
Thus, all movable property come under Goods for example, cotton and jute 
Handbags, Milk and Milk products, Chemical fertilizers, fish oil, silk fabrics, Solar 
water heaters, Motor vehicles etc. 
 
Goods are the actionable claims such as lottery, gambling etc. 
 
Other than Goods are defined as Services, According to Article 366(26A) of 
Constitution of India. Under section 2(102) of CGST Act, 2017, services means it 
includes activities related to the use of money or its conversion by cash or by any 
other mode, from one currency and form to another currency and form, but service 
is other than money, goods and securities. Example: Service of Doctor, teacher, 
manager, auditor etc. 
 
The Goods and services under IGST Act shall have the same meaning as assigned 
in IGS Act, 2017.