Goods, services, money, securities and actionable claims: Section 2, CGST Act 2017 definitions

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The text below is these clauses of the section as served by the CBIC tax information portal on 17 September 2026, with the portal's own amendment footnote markers (shown as small numerals before a bracket) and its footnotes.^[1] The Act as published in the Gazette of India is the legal source.

Clauses 2(1), 2(52), 2(75), 2(80A), 2(80B), 2(101), 2(102), 2(102A) and 2(117A), verbatim (show)

(1) "actionable claim" shall have the same meaning as assigned to it in section 3 of the Transfer of Property Act, 1882 (4 of 1882);

(52) "goods" means every kind of movable property other than money and securities but includes actionable claim, growing crops, grass and things attached to or forming part of the land which are agreed to be severed before supply or under a contract of supply;

(75) "money" means the Indian legal tender or any foreign currency, cheque, promissory note, bill of exchange, letter of credit, draft, pay order, traveller cheque, money order, postal or electronic remittance or any other instrument recognised by the Reserve Bank of India when used as a consideration to settle an obligation or exchange with Indian legal tender of another denomination but shall not include any currency that is held for its numismatic value;

¹²[(80A) "online gaming" means offering of a game on the internet or an electronic network and includes online money gaming.]

¹³[(80B) "online money gaming" means online gaming in which players pay or deposit money or money's worth, including virtual digital assets, in the expectation of winning money or money's worth, including virtual digital assets, in any event including game, scheme, competition or any other activity or process, whether or not its outcome or performance is based on skill, chance or both and whether the same is permissible or otherwise under any other law for the time being in force.]

(101) "securities" shall have the same meaning as assigned to it in clause (h) of section 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956);

(102) "services" means anything other than goods, money and securities but includes activities relating to the use of money or its conversion by cash or by any other mode, from one form, currency or denomination, to another form, currency or denomination for which a separate consideration is charged;

¹⁴[(102A) "specified actionable claim" means the actionable claim involved in or by way of—

(i) betting;

(ii) casinos;

(iii) gambling;

(iv) horse racing;

(v) lottery; or

(vi) online money gaming.]

⁹[Explanation.- For the removal of doubts, it is hereby clarified that the expression "services" includes facilitating or arranging transactions in securities;]

¹⁶[(117A) "virtual digital asset" shall have the same meaning as assigned to it in clause (47A) of section 2 of the Income-tax Act, 1961.]

* Enforced w.e.f. 22nd July 2017.

9. Inserted by s. 2 of The Central Goods and Services Tax (Amendment) Act, 2018 (No. 31 of 2018) - Brought into force w.e.f. 01st February, 2019.

12. Inserted by s. 2 of Central Goods and Services Tax (Amendment) Act, 2023 (No. 30 of 2023) - Brought into force w.e.f. 01st October, 2023 vide Notification No. 48/2023-C.T., dated 29nd Sep, 2023.

13. Inserted by s. 2 of Central Goods and Services Tax (Amendment) Act, 2023 (No. 30 of 2023) - Brought into force w.e.f. 01st October, 2023 vide Notification No. 48/2023-C.T., dated 29nd Sep, 2023.

14. Inserted by s. 2 of Central Goods and Services Tax (Amendment) Act, 2023 (No. 30 of 2023) - Brought into force w.e.f. 01st October, 2023 vide Notification No. 48/2023-C.T., dated 29nd Sep, 2023.

16. Inserted by s. 2 of Central Goods and Services Tax (Amendment) Act, 2023 (No. 30 of 2023) - Brought into force w.e.f. 01st October, 2023 vide Notification No. 48/2023-C.T., dated 29nd Sep, 2023.

2(1)actionable claim

"actionable claim" shall have the same meaning as assigned to it in section 3 of the Transfer of Property Act, 1882 (4 of 1882);Section 2(1)

Section 3 of the Transfer of Property Act, 1882 supplies the meaning.

2(52)goods

"goods" means every kind of movable property other than money and securities but includes actionable claim, growing crops, grass and things attached to or forming part of the land which are agreed to be severed before supply or under a contract of supply;Section 2(52)

Goods cover movable property other than money and securities. They include actionable claims, growing crops, grass and attached or land-forming things agreed to be severed before supply or under the supply contract.

2(75)money

"money" means the Indian legal tender or any foreign currency, cheque, promissory note, bill of exchange, letter of credit, draft, pay order, traveller cheque, money order, postal or electronic remittance or any other instrument recognised by the Reserve Bank of India when used as a consideration to settle an obligation or exchange with Indian legal tender of another denomination but shall not include any currency that is held for its numismatic value;Section 2(75)

The definition covers the listed currencies and payment instruments and other RBI-recognised instruments when used to settle an obligation or exchange Indian legal tender of another denomination. Currency held for its numismatic value is excluded.

2(80A)online gaming

"online gaming" means offering of a game on the internet or an electronic network and includes online money gaming.Section 2(80A)

A game is offered on the internet or an electronic network. The definition includes online money gaming.

2(80B)online money gaming

"online money gaming" means online gaming in which players pay or deposit money or money's worth, including virtual digital assets, in the expectation of winning money or money's worth, including virtual digital assets, in any event including game, scheme, competition or any other activity or process, whether or not its outcome or performance is based on skill, chance or both and whether the same is permissible or otherwise under any other law for the time being in force.Section 2(80B)

Players pay or deposit money or money’s worth, including virtual digital assets, expecting winnings of money or money’s worth. The definition covers the listed events and activities regardless of skill, chance or both, and regardless of permissibility under other law.

2(101)securities

"securities" shall have the same meaning as assigned to it in clause (h) of section 2 of the Securities Contracts (Regulation) Act, 1956 (42 of 1956);Section 2(101)

The meaning comes from section 2(h) of the Securities Contracts (Regulation) Act, 1956.

2(102)services

"services" means anything other than goods, money and securities but includes activities relating to the use of money or its conversion by cash or by any other mode, from one form, currency or denomination, to another form, currency or denomination for which a separate consideration is charged;Section 2(102)

Services exclude goods, money and securities, but include separately charged activities involving use or conversion of money. The Explanation includes facilitating or arranging securities transactions and was inserted from 1 February 2019.

2(102A)specified actionable claim

"specified actionable claim" means the actionable claim involved in or by way of— (i) betting; (ii) casinos; (iii) gambling; (iv) horse racing; (v) lottery; or (vi) online money gaming.Section 2(102A)

The term covers actionable claims involved in or by way of betting, casinos, gambling, horse racing, lottery or online money gaming.

2(117A)virtual digital asset

"virtual digital asset" shall have the same meaning as assigned to it in clause (47A) of section 2 of the Income-tax Act, 1961.Section 2(117A)

The meaning comes from section 2(47A) of the Income-tax Act, 1961.

Questions to answer on the file

Questions a reviewer answers from the engagement file, grouped by the part of the section they come from. They describe what the section asks; they do not decide it.

Meaning borrowed from another enactment clauses (1), (12), (22), (23), (28), (35), (41), (64), (65), (76), (101), (117A) and (120)

Questions to answer on the file4 questions

Does the clause give the expression the meaning assigned to it in another enactment?
Which enactment supplies the meaning?
Is the expression one used but not defined in this Act, yet defined in the Integrated, Union Territory or Compensation to States Act?

Ticks stay in this browser only.

Goods, services, money, securities and actionable claims clauses (1), (52), (75), (80A), (80B), (101), (102) with its Explanation, (102A) and (117A)

Questions to answer on the file10 questions

Is the thing supplied movable property?
Is the thing supplied money within clause (75)?
Is the currency held for its numismatic value?
Is the thing supplied securities as the Securities Contracts (Regulation) Act 1956 defines them?
Is the thing supplied an actionable claim as section 3 of the Transfer of Property Act 1882 defines it?
If so: which specified actionable claim is involved?
Is a game offered on the internet or an electronic network in which players pay or deposit money or money's worth in the expectation of winning money or money's worth?
Are growing crops, grass or things attached to the land agreed to be severed before supply or under the contract of supply?
Is a separate consideration charged for the use of money or for its conversion from one form, currency or denomination to another?
Does the activity facilitate or arrange transactions in securities?