CBEC : GST exemption confined to "educational institutions"; Private players, artificially bundled courses taxable

CBEC explains impact of GST on education services, inter alia states that only those institutions whose operations conform to specifics given in definition of the term “Educational Institution” viz. (i) pre-school and education upto HSC or equivalent, (ii) education as part of curriculum for obtaining qualification recognized by law, (iii) approved vocational education course, would be entitled to avail GST exemption; Hence, standard rate of 18% with full admissibility of...