In this Act, unless the context otherwise requires,-

2(l). "Goods" means all kinds of movable property including livestock, computer software,any electronic chip used for the purpose of storing or transmitting date or voice and all materials, commodities and articles (as such or in some other form) but excluding newspapers, electricity, actionable claims, stocks, shares or security.

Explanation.- For the purposes of this clause, materials, commodities and articles,-

(i) attached to or forming part of an immovable property which are agreed to be severed under the contract of sale; or

(ii) sold or supplied as such or in some other form in the execution of works contract, lease or hire purchase,

Shall be deemed to be goods within the meaning of this clause;