SCHEDULE II [See section 7] - ACTIVITIES TO BE TREATED AS SUPPLY OF GOODS OR SUPPLY OF SERVICES

Classification of supply under GST: specifies when transfers, leases, construction and composite transactions are goods or services.

Schedule II classifies activities for GST: transfers of title in goods (including future transfer on payment) are supplies of goods, while transfers of rights without title, private use or making business goods available for non business purposes, leases, rentals, construction (subject to completion certificate/first occupation), treatment of goods, transfer or temporary permitting of intellectual property, IT development, agreements to refrain from acts, and transfer of right to use goods are treated as supplies of services; composite supplies like works contracts and supply of food with services are services.