Educational institution status of IIMs exempts long-duration degree programmes from GST while short executive courses remain taxable. IIMs, deemed educational institutions from 31 January 2018, are exempt from GST for services to students in all long duration programmes of one year or more that confer degrees/diplomas recommended by their Boards of Governors; short duration executive programmes under one year awarding participation certificates not recognised by law are taxable at the standard GST rate. Transitional rules apply for the period 1 July 2017-31 December 2018, with specific earlier exemptions limited to three named programmes.
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Provisions expressly mentioned in the judgment/order text.
Educational institution status of IIMs exempts long-duration degree programmes from GST while short executive courses remain taxable.
IIMs, deemed educational institutions from 31 January 2018, are exempt from GST for services to students in all long duration programmes of one year or more that confer degrees/diplomas recommended by their Boards of Governors; short duration executive programmes under one year awarding participation certificates not recognised by law are taxable at the standard GST rate. Transitional rules apply for the period 1 July 2017-31 December 2018, with specific earlier exemptions limited to three named programmes.
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