SCHEDULE II [See section 7] - Activities to be treated as supply of goods or supply of service

Supply classification under GST: defines when transfers, leases, construction, IP and composite arrangements are goods or services.

The statute classifies activities as supply of goods or supply of services: transfers of title in goods and disposals of business assets are supplies of goods, while transfers of rights without title, leases and letting of land or buildings, treatment of another's goods, renting of immovable property, construction services (subject to completion/occupation conditions), temporary transfer of intellectual property, IT software development services, abstention/toleration obligations, and hire or use of goods are supplies of services.