Education sector plays a vital role in shaping the future of the nation. Taxing this sector has always been a complex issue. As we all are aware, a majority of services in India are under the purview of GST. However, understanding the sensitivity and importance of the education sector, the GST Act has tried to maintain a fine balance whereby core educational services are exempt from GST, and other commercial education services are taxed at a standard rate.
Source: mastersindia.co
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