Section 2(1) | CGST Act | What is ACTIONABLE CLAIM Under GST?

THE CENTRAL GOODS AND SERVICES TAX ACT, 2017:
An Act to make a provision for levy and collection of tax on intra-State supply of goods or services or both by the Central Government and for matters connected therewith or incidental thereto.
BE it enacted by Parliament in the Sixty-eighth Year of the Republic of India as follows:
Section 2 (1) “actionable claim” shall have the same meaning as assigned to it in section 3 of the Transfer of Property Act, 1882.
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[@trivikramkumar8604]

Congratulations! You got 1 more subscriber today.😀😀👍

[@sriramkaranam7704]

👌

[@naveengarg6631]

Thanks 👍🏻🌻🍫

[@dipanshiaklecha945]

Thankyou sir

[@amitswarnakar3777]

Sir, kindly explain the gst valuation of Dream11 (Fantasy sports game)

[@shivamtrivedi1968]

Aap kha gaye the bhich m?

[@mayanksingla89]

Good evening Sir.
U have explained such a complex term in very easy way. Thanks !
But why did u say "Section 2 clause 1" for this ? Is it not "Section 2 subsection 1".
I am asking this because the hierarchy goes this way
Section : sub-section : clause : sub-clause : explanation : example (if I am not wrong)

[@avishekjaiswal015]

U r almost right but in any act section 2 is always read with clause
Let say, (definition of business under GST) Business 2(17) of CGST Act
This is read as , Section 2 clause 17
Hope u understand now.

[@avishekjaiswal015]

So when ever u read section 2 u will read with clause not with sub section

[@santhoshdh5563]

Sir can you upload the same in English

[@priyasarathimohapatra299]

Sir plz use more examples

[@Raghavmanka28]

Galat h

[@Rameshkumar-db9rw]

Jb hindi m easy way m smjhne ny aata h to bkwas band kroo.....