GST Amendment: Educational Institutions for Entrance Examinations

Notification Amendment: Amendment to Notification No. 12/2017 - Central Tax (Rate) dated 28th June 2017.

Explanation Enhancement: Introduction of a new clause (iva) in paragraph 3 of the Explanation, specifying that entities set up by the Central or State Government, including the National Testing Agency, conducting entrance exams, are considered educational institutions.

Clarification for Limited Purpose: The amendment clarifies that these entities are treated as educational institutions solely for providing services related to the conduct of entrance exams.

Effective Date: The amendment is effective from 1st March 2023.

Government Authority Inclusion: Ensures that any authority, board, or body established by the government for organizing entrance exams is recognized as an educational institution.

Legislative Background: Building upon prior amendments up to 30th December 2022 (Notification No. 15/2022 - Central Tax (Rate)).

Facilitating GST Compliance: The clarification aims to streamline GST compliance for entities conducting entrance exams by treating them akin to educational institutions.

Note: Full details are available in the official gazette for Notification No. 12/2017 - Central Tax (Rate).