Section 2(1) of CGST Act: Meaning of “Actionable Claim”

Definition of the term “Actionable Claim” under the Central Goods and Services Tax (CGST) Act, 2017

As per Section 2(1) of the Central Goods and Services Tax (CGST) Act, 2017, unless the context otherwise requires, the term “actionable claim” shall have the same meaning as assigned to it in section 3 of the Transfer of Property Act, 1882.

Section 3 of the Transfer of Property Act, 1882

Actionable claim means a claim to any debt, other than a debt secured by mortgage of immovable property or by hypothecation or pledge of movable property, or to any beneficial interest in movable property not in the possession, either actual or constructive, of the claimant, which the civil courts recognise as affording grounds for relief, whether such debt or beneficial interest be existent, accruing, conditional or contingent.

Central Goods and Services Tax (CGST) Act, 2017 (Chapter-wise/ Section-wise)

Section 2 of CGST Act, 2017: Definitions

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