Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>GST Exemption for IIMs: Long Programs Tax-Free, Short Programs Subject to 18% Tax per IIM Act, 2018.</h1> The circular clarifies the applicability of GST on programs conducted by Indian Institutes of Management (IIMs). From January 31, 2018, IIMs are classified as educational institutions under the IIM Act, 2018, making their long-duration programs (one year or more) exempt from GST. Prior to this, only specific programs were GST-exempt. Short-duration programs, which do not confer recognized qualifications, are subject to GST at 18%. The circular outlines the GST exemptions applicable to IIM programs over different periods and provides a list of programs exempt and not exempt from GST.