Tuesday, October 15, 2013

Education out of service tax net

The finance ministry has clarified that all services provided to educational institutions are exempt
from tax. There are certain auxiliary services, which would also not be taxable if provided to education institutions in relation to education. For example, if a school hires a bus from transport
operator to ferry students to and from school,the services provided by the operator in this connection would not be levied tax.

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