Clarification on Applicability of GST on various programmes conducted by the Indian Institutes of Managements (IIMs).

Clarification on Applicability of GST on various programmes conducted by the Indian Institutes of Managements (IIMs). https://www.taxtmi.com/circulars?id=60992 IIMs are educational institutions for GST purposes from 31 January 2018; services to students in all long duration programmes (one year or more) conferring degrees/diplomas recognised by law are exempt from GST. For 1 July 2017-30 January 2018 only three specified long programmes were exempt. From 31 January-31 December 2018 both exemptions coexisted and the more beneficial could be claimed. Short duration executive/need based programmes awarding only participation certificates are not exempt and attract standard GST. en-us Tue, 23 Apr 2019 00:00:00 +0530 Thu, 16 May 2019 12:28:00 +0530 TaxTMI RSS Generator Clarification on Applicability of GST on various programmes conducted by the Indian Institutes of Managements (IIMs). https://www.taxtmi.com/circulars?id=60992 IIMs are educational institutions for GST purposes from 31 January 2018; services to students in all long duration programmes (one year or more) conferring degrees/diplomas recognised by law are exempt from GST. For 1 July 2017-30 January 2018 only three specified long programmes were exempt. From 31 January-31 December 2018 both exemptions coexisted and the more beneficial could be claimed. Short duration executive/need based programmes awarding only participation certificates are not exempt and attract standard GST. Circulars GST - States Tue, 23 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60992