“Education is an ornament in prosperity and a refuge in Adversity” – Aristotle
Education plays an important role in any economy as the education of the country’s youth will decide how the country will flourish. Taxing the Education Sector has always been a sensitive issue, as education is seen more as a social activity than a business one. Therefore, government has given certain exemptions to educational institution in regard to GST.
In a nutshell, every attempt is made to ensure that the core educational services are fully exempt from GST.
Source Taxguru
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