Section 7(2) of the IGST Act, 2017 states that import of goods means bringing goods into India from a place outside India. Whether goods mentioned…

CA Final · Indirect Tax Laws · PYQS · January 2026
Section 7(2) of the IGST Act, 2017 states that import of goods means bringing goods into India from a place outside India. Whether goods mentioned here includes intangible goods also and how the IGST will be levied on import of such goods. You are required to examine the above situation with respect to levy of IGST on import and enumerate which intangible goods have been notified for such levy.

Suggested Answer and Working Notes:

Answer (b) The term 'goods' under GST law includes intangible goods also, for instance, actionable claims. IGST on goods (other than intangible goods) imported into India is levied and collected in accordance with the provisions of the Customs law, in terms of proviso to section 5 (1) . However, customs duty is not applicable on intangible goods as they do not physically cross customs frontiers. Resultantly, the Government is empowered to notify certain goods for whom proviso to section 5 (1) may not be applicable for levy and collection of IGST and in whose case, IGST shall be levied and collected in the manner specified in section 5 (1) only. Supply of online money gaming is notified intangible goods for this purpose. This implies that import of specified actionable claim of online money gaming will be taxed under IGST as import of goods without applicability of customs duty. Note – Read section 7 (2) as section 2 (10) in question 2(b).

Topics: Import and Export under GST

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