AAR: Institute providing coaching, accommodation, textbook facility to CA/CS students not an ‘educational institution’, denies exemption

Kerala AAR holds that an institute imparting education to students facilitating them to obtain qualifications like Chartered Accountancy (CA), Cost Accountancy, Company Secretary(CS), Certified Management Accountant (CMA), Certified Public Accountant, Association of Chartered Certified Accountant etc. is not covered under the definition of "educational institution" in Para 2 (y) of the Notification No. 12/2017 Central Tax (Rate) dated June 28, .2017; Holds that said services ...