“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
Latest Posts in "India"
- GST Reduction on Fruit Drinks Excludes Colas; Prices Remain Unchanged for Carbonated Beverages
- Supreme Court Stays Retrospective GST Penalty, Examines Applicability to Non-Taxable Persons
- India Unveils Simplified GST Rate Structure
- GST 2.0: Key Changes, New Rates, and Business Impact Explained
- India Reduces GST on Solar and Wind Equipment to 5%, Cutting Renewable Energy Project Costs
