Supply classification under GST determines when transactions are treated as goods or services for taxation purposes.

Schedule II distinguishes supplies for GST: transfer of title is supply of goods, transfers of rights without title and leases or licences in land and buildings are supplies of services; treatment of others' goods and temporary private use of business goods are services, while disposal of business assets is goods; specified activities (renting immovable property, construction subject to completion/occupation, IP transfers, IT services, agreements to refrain, and hiring goods) and certain composite supplies are treated as services.

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