GST exemption for long-duration educational programs by IIMs clarified, while short-term executive courses attract standard taxable treatment. IIMs recognised as educational institutions provide long-duration programmes (one year or more) conferring degrees/diplomas recognised by law; services to students in such programmes are exempt from GST. Short-duration executive programmes awarding participation certificates are not exempt and attract standard GST. Transitional provisions applied for the period before institutional recognition, and where multiple exemptions co-existed an assessee could claim the more beneficial exemption. The clarification extends to IGST, UTGST and SGST exemption entries.
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Provisions expressly mentioned in the judgment/order text.
GST exemption for long-duration educational programs by IIMs clarified, while short-term executive courses attract standard taxable treatment.
IIMs recognised as educational institutions provide long-duration programmes (one year or more) conferring degrees/diplomas recognised by law; services to students in such programmes are exempt from GST. Short-duration executive programmes awarding participation certificates are not exempt and attract standard GST. Transitional provisions applied for the period before institutional recognition, and where multiple exemptions co-existed an assessee could claim the more beneficial exemption. The clarification extends to IGST, UTGST and SGST exemption entries.
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