AI Drafter 
TaxTMI 
TaxTMI 
Dear sir,
Schedule III items being neither supply of goods nor services shall we need to declare in R3b and R1 return, kindly advise with supporting sections, rules etc.
Schedule III items
Bharat Cholleti
Schedule III items: classify as non-supply and disclose in the prescribed return tables to ensure GST return compliance. Schedule III items, characterised as neither a supply of goods nor services, nonetheless attract a discrete disclosure obligation in periodic GST returns. Taxpayers should treat such entries as non-supply items for classification purposes and record them in the prescribed return fields, specifically the designated table in GSTR-3B and the matching disclosure table in GSTR-1, to satisfy return-reporting obligations. (AI Summary)
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