State government has the power to impose

tax on sale or purchase of goods other

than newspapers, subject to the provisions of

entry 92A* of Union List.


What are Goods?

Goods include materials, articles, commodities and all kind of movable property.

However it does not include


Actionable claims

Stocks /shares and securities



Both tangible and intangible goods (like softwares) covered.

Immoveable property not covered.

Plant and machinery erected at site is not goods as it is an immoveable property

Go Ad-free
CA Maninder Singh's photo - Co-founder, Teachoo

Made by

CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 14 years. He also provides Accounts Tax GST Training in Delhi, Kerala and online.