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<h1>GST Exemption for Long-Duration IIM Programs Clarified: Exempt from January 31, 2018, Short Programs Still Taxed.</h1> The circular clarifies the applicability of GST on programs conducted by Indian Institutes of Management (IIMs). From January 31, 2018, IIMs are considered educational institutions under the IIM Act, 2018, exempting long-duration programs (one year or more) from GST. Prior to this, only specific programs were exempt. From July 1, 2017, to January 30, 2018, exemptions applied only to certain programs like the two-year Post Graduate Program in Management. Short-duration programs, less than one year, remain subject to GST at 18%. The circular provides guidance on the exemption status of various programs and mentions the redundancy of specific exemptions post-2018.