https://www.taxtmi.com/caselaws?id=787237 An institution established under the Indian Institutes of Management Act, 2017 was treated as a specified person required to deduct tax at source under section 51 of the CGST Act because the notified wording, read with the statutory framework, covered institutions set up by an Act of Parliament and reflected substantial governmental control through oversight, appointments, audit, reporting and rule-making powers. The Authority also clarified that the Rs. 2,50,000 threshold is computed contract-wise on the aggregate value of supply under each contract, excluding GST, and not invoice-wise; separate contracts are tested independently, while continuous supplies forming part of the same contract are aggregated. en-us Tue, 24 Feb 2026 00:00:00 +0530 Sat, 28 Feb 2026 08:41:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787237 An institution established under the Indian Institutes of Management Act, 2017 was treated as a specified person required to deduct tax at source under section 51 of the CGST Act because the notified wording, read with the statutory framework, covered institutions set up by an Act of Parliament and reflected substantial governmental control through oversight, appointments, audit, reporting and rule-making powers. The Authority also clarified that the Rs. 2,50,000 threshold is computed contract-wise on the aggregate value of supply under each contract, excluding GST, and not invoice-wise; separate contracts are tested independently, while continuous supplies forming part of the same contract are aggregated. Case-Laws GST Tue, 24 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787237