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        What is the significance of Actionable Claim under Transfer of Property Act and GST?
    An actionable claim is a claim to an unsecured debt or a beneficial interest in movable property not in possession, recognized by civil courts. It is transferable under Section 130 of the Transfer of Property Act, 1882, and is classified as "goods" under GST law.
  
   
      
          lex-o-pedia
        
      
      What is the significance of Actionable Claim under Transfer of Property Act and GST?
    
    
      An actionable claim is a claim to an unsecured debt or a beneficial interest in movable property not in possession, recognized by civil courts. It is transferable under Section 130 of the Transfer of Property Act, 1882, and is classified as "goods" under GST law.