The Central Government: There is no change made in any subject relating to education in the GST era, except to reduce tax rate on certain items of education such as school bags etc.; Denies the reports that education will become expensive under GST; Rather services provided by an educational institution to students, faculty and staff are exempt.

The Central Government: There is no change made in any subject relating to education in the GST era, except to reduce tax rate on certain items of education such as school bags etc.; Denies the reports that education will become expensive under GST; Rather services provided by an educational institution to students, faculty and staff are exempt. https://www.taxtmi.com/news?id=18344 Services provided by educational institutions to students, faculty and staff for pre-school, education up to higher secondary, curriculum-based qualification courses, and approved vocational courses are exempt from GST; related input services such as student/faculty transport, catering including government mid-day meals, security, cleaning, housekeeping, and admission or examination services for up to higher secondary are also exempt, while charitable entities advancing education or skill development for disadvantaged groups retain exemptions and certain education-related goods have reduced tax rates. en-us Fri, 07 Jul 2017 16:21:15 +0530 Fri, 07 Jul 2017 16:21:15 +0530 TaxTMI RSS Generator The Central Government: There is no change made in any subject relating to education in the GST era, except to reduce tax rate on certain items of education such as school bags etc.; Denies the reports that education will become expensive under GST; Rather services provided by an educational institution to students, faculty and staff are exempt. https://www.taxtmi.com/news?id=18344 Services provided by educational institutions to students, faculty and staff for pre-school, education up to higher secondary, curriculum-based qualification courses, and approved vocational courses are exempt from GST; related input services such as student/faculty transport, catering including government mid-day meals, security, cleaning, housekeeping, and admission or examination services for up to higher secondary are also exempt, while charitable entities advancing education or skill development for disadvantaged groups retain exemptions and certain education-related goods have reduced tax rates. News - Fri, 07 Jul 2017 16:21:15 +0530 https://www.taxtmi.com/news?id=18344