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<h1>GST Exemption for IIM Programs Clarified: Long-Duration Courses Exempt, Short Ones Taxable at 18.</h1> The circular clarifies the applicability of GST on programs conducted by Indian Institutes of Management (IIMs). From January 31, 2018, IIMs are recognized as 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 to a few programs like the two-year Post Graduate Program in Management. Short-duration programs remain subject to GST at 18%. The circular provides a summary table for determining GST exemption eligibility for IIM programs.