Meaning of ‘goods’ :
‘Goods’ include all materials, commodities and articles – Article 366(12) of Constitution of India.
This is inclusive definition. It should cover all movable property.
GST Law defines ‘goods’ as follows –
“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 beforesupply or under a contract of supply – section 2(52) of CGST Act.
“Actionable claim” shall have the meaning assigned to it in section 3 of the Transfer of Property Act, 1882 (4 of 1882) – section 2(1) of CGST Act.