Definitions of various important terms under Sections 2(51) to 2(60) of the CGST Act, 2017, unless the context otherwise requires:
Section 2(51): Meaning of Fund
Fund means the Consumer Welfare Fund established under section 57.
Section 2(52): Meaning of 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(53): Meaning of Government
Government means the Central Government.
Section 2(54): Meaning of Goods and Services Tax (Compensation to States) Act
Goods and Services Tax (Compensation to States) Act means the Goods and Services Tax (Compensation to States) Act, 2017.
Section 2(55): Meaning of Goods and Services Tax Practitioner
Goods and Services Tax Practitioner means any person who has been approved under section 48 to act as such practitioner.
Section 2(56): Meaning of India
India means the territory of India as referred to in article 1 of the Constitution, its territorial waters, seabed and sub-soil underlying such waters, continental shelf, exclusive economic zone or any other maritime zone as referred to in the Territorial Waters, Continental Shelf, Exclusive Economic Zone and other Maritime Zones Act, 1976, and the air space above its territory and territorial waters.
Section 2(57): Meaning of Integrated Goods and Services Tax Act
Integrated Goods and Services Tax Act means the Integrated Goods and Services Tax Act, 2017.
Section 2(58): Meaning of Integrated Tax
Integrated Tax means the integrated goods and services tax levied under the Integrated Goods and Services Tax Act.
Section 2(59): Meaning of Input
Input means any goods other than capital goods used or intended to be used by a supplier in the course or furtherance of business.
Section 2(60): Meaning of Input Service
Input Service means any service used or intended to be used by a supplier in the course or furtherance of business.
| Note: CBEC notifies 22/06/2017 as the commencement date vide Notification 1/2017. |
Amendments History:
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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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