Q. 190 Under which schedule, actionable claim is given in GST ?

Ans. It is given under non- supplies listed in entry no. 6 of Schedule III of the CGST Act.

Q. 189 Provide some examples of actionable claims.

Ans. Some examples of actionable claims are · Unsecured loans · Unsecured debentures · Right to recover insurance money · Claim for arrears of rent

Q. 188 What is an actionable claim under GST ?

Ans. As per GST Act, an actionable claim, is a claim to any debt, other than a debt secured by mortgage of immovable property or by hypothecation or pledge of movable property, or to any beneficial interest in movable property not in the possession, either actual or constructive, of the claimant, which the Civil Courts recognize as affording grounds for relief, whether such debt or beneficial interest be existent, accruing, conditional or contingent. The definition is not directly given under GST and is taken from Transfer of property Act.