Post graduate diploma granting programmes offered by IIM are not Exempted from GST : AAR

Post graduate diploma granting programmes offered by IIM are not Exempted from GST : AAR : Ruling byKarnataka Authority of Advance ruling in matter ofIndian Institute of Management, Bengaluru.

Post graduate diploma granting programmes offered by IIM are not Exempted from GST : AAR

The Extract of Ruling is given below :

RULING

a) In respect of question (a), Whether the long duration post graduate diploma/ degree granting programmes offered by the Indian Institute of Management, Bengaluru other than specifically mentioned in Sl.No. 67 of Notification No.12/ 2017 Central Tax (Rate) dated 28th June 2017 as amended by Notification No.2 /2018 dated 25th January 2018 are exempted from the GST output liability on education as a part of a curriculum for obtaining a qualification recognized by any law for the time being in force in the light of enactment of the Indian Institute of Management Act, 2017, the answer is No. b) In respect of question (b), Whether supply of online educational journals or periodicals to the Indian Institute of Management, Bengaluru is exempted from reverse charge liability of GST under Sl. No.66 of Notification No.12 / 2017 Central Tax (Rate) dated 28th June 2017 as amended by Notification No. 2/2018 dated 25th January 2018 being education provided as a part of a curriculum for obtaining a qualification recognized by any law for the time being in force in the light of enactment of the Indian Institute of Management Act, 2017, the answer is No. 7. This ruling is valid subject to the provisions under section 103(2) until and unless declared void under section 104(1) of the GST Acts.

---

Click here to download the ruling