Physical delivery of currency and commodity deriviates

[CHINTAPALLI MANIKANTA]

https://cbic-gst.gov.in/sectoral-faq.html

Faq no 36 and 37

It says physical delivery of commodity and currency derivatives are supply of goods 

Commodity is not covered in security and money definition and is movable- so it is goods

But Indian legal tender and foreign currency are covered in money definition then how physical delivery of currency derivative is supply of goods?

I read cms info systems - cash carry van advance ruling

They argued they are transporting money

Not used as consideration to settle an obligation or

Not converting from one denomination to another denomination in indian legal tender so money is goods for them

Ca  we apply same logic here? 

One more doubt in money definition 

It says one denomination to another denomination of India legal tender 

Inr to inr, forex to inr

Then what about one denomination to another denomination of foreign currently

Inr to forex

AI Summary

Commodity derivatives delivered physically treated as goods under GST; currency derivatives excluded as 'money' under Section 2(52) A forum discusses whether physical delivery of commodity and currency derivatives constitutes supply of goods for GST. The poster notes commodities are movable and not securities, so delivery-treated-as-goods; by contrast Indian and foreign legal tender fall under 'money,' which the GST law excludes from goods. They ask whether rulings treating transport of cash as goods could apply to currency derivatives and whether conversions between denominations (INR-to-INR, forex-to-INR, INR-to-forex, forex-to-forex) affect the classification. Respondents agree commodity derivatives can be goods on delivery, while currency-based contracts are excluded as money under GST definitions.