Definitions of various important terms under Sections 2(101) to 2(110) of the CGST Act, 2017, unless the context otherwise requires:
Section 2(101): Meaning of Securities
Securities shall have the same meaning as assigned to it in clause (h) of section 2 of the Securities Contracts (Regulation) Act, 1956.
Section 2(102): Meaning of 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.
Explanation: For the removal of doubts, it is hereby clarified that the expression “services” includes facilitating or arranging transactions in securities. [explanation inserted from 01/02/2019: refer Note 1]
Section 2(102A): Meaning of 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. [sub-section (102A) inserted from 01/10/2023: refer Note 2]
Section 2(103): Meaning of State
State includes a Union territory with Legislature.
Section 2(104): Meaning of State Tax
State Tax means the tax levied under any State Goods and Services Tax Act.
Section 2(105): Meaning of Supplier
Supplier in relation to any goods or services or both, shall mean the person supplying the said goods or services or both and shall include an agent acting as such on behalf of such supplier in relation to the goods or services or both supplied.
Provided that a person who organises or arranges, directly or indirectly, supply of specified actionable claims, including a person who owns, operates or manages digital or electronic platform for such supply, shall be deemed to be a supplier of such actionable claims, whether such actionable claims are supplied by him or through him and whether consideration in money or money’s worth, including virtual digital assets, for supply of such actionable claims is paid or conveyed to him or through him or placed at his disposal in any manner, and all the provisions of this Act shall apply to such supplier of specified actionable claims, as if he is the supplier liable to pay the tax in relation to the supply of such actionable claims. [proiso inserted from 01/10/2023: refer Note 2] 
Section 2(106): Meaning of Tax Period
Tax Period means the period for which the return is required to be furnished.
Section 2(107): Meaning of Taxable Person
Taxable Person means a person who is registered or liable to be registered under section 22 or section 24.
Section 2(108): Meaning of Taxable Supply
Taxable Supply means a supply of goods or services or both which is leviable to tax under this Act.
Section 2(109): Meaning of Taxable Territory
Taxable Territory means the territory to which the provisions of this Act apply.
Section 2(110): Meaning of Telecommunication Service
Telecommunication Service means service of any description (including electronic mail, voice mail, data services, audio text services, video text services, radio paging and cellular mobile telephone services) which is made available to users by means of any transmission or reception of signs, signals, writing, images and sounds or intelligence of any nature, by wire, radio, visual or other electromagnetic means.
| Note: CBEC notifies 22/06/2017 as the commencement date vide Notification 1/2017. |
Amendments History:
1. Explanation inserted in sub-section (102), vide Section 2(f) of the CGST (Amendment) Act, 2018, followed with Notification 2/2019 on commencement date of 01/02/2019.
2. Sub-section (102A) inserted vide section 2(b) of the CGST (Amendment) Act, 2023, followed with Notification 48/2023 on commencement date of 01/10/2023.
3. Proviso to sub-section (105) inserted vide section 2(c) of the CGST (Amendment) Act, 2023, followed with Notification 48/2023 on commencement date of 01/10/2023.
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| CGST Act 2017: Last updated 15/02/2024 |
| The CGST Act 2017 has been notified vide GOI Notification dated 12/04/2017, which has subsequently been amended through the CGST (Extension to J&K) Act 2017, Finance Act 2018, CGST Amendment Act 2018, Finance Act 2019, Finance Act 2020, Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance/Act 2020, Finance Act 2021, Finance Act 2022, Finance Act 2023, CGST Amendment Act 2023, CGST Second Amendment Act 2023 & Finance Act, 2024 including various Notifications/Orders issued by the Govt./ CBIC from time to time, relating to the commencement dates of various sections and provisions in the respective CGST/Amendment Acts, wherever required. Information on this page is a section-wise compilation of the amendments to the CGST Act, 2017 made through various notifications issued by CBIC from time to time (upto 15th February, 2024), with the best possible efforts for accuracy. In any case, E&OE. For official or updated information, please visit the CBIC website. |
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