- ICMAI’s Tax Research Department released the Handbook on GST on Education Sector – March, 2024 edition
- Taxing the education sector is sensitive due to education being considered a social activity
- Government is constitutionally obligated to provide free elementary education
- Educational services being tax-exempt promotes education
- Commercialization of education is a growing reality with blurred lines between core and ancillary services
- Educational institutions under GST include those providing pre-school to higher secondary education, recognized qualifications, and approved vocational courses
- Taxable supply under GST includes goods or services liable to tax
- Services like transportation, catering, security, and housekeeping provided by educational institutions are exempt from GST
- The updated edition of ‘GST on Education Sector’ was highly appreciated by the Tax Research team, Taxation Committee, and contributors.
Source: a2ztaxcorp.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
