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With the enactment of the Indian Institutes of Management Act, 2017, GST implication on the IIMs has undergone various changes under GST programmes by IIMs and the same has been clarified by the board vide circular no. 82/01/2019-GST dated 1st January 2019. Phase-wise taxability of IIMs, as clarified by the board, under GST programmes by IIMs is being summarized in the current article with respect to various programs by IIM . GST programmes by IIMs Period 1ST July, 2017 Till 30th January, 2018 IIMs is eligible for exemption available at sr. no. 67 to notification no. 12/2017 – Central Tax

Introduction GST on Service of Printing of pictures is being classified under service code 998912, however, the correct classification is service code 998386 and the same is clarified by the board vide circular no. 84/03/2019-GST dated 1st January, 2019 which is being explained in the present article. Circular no. 84/03/2019-GST dated 1st January, 2019 clarifies that the service of ‘printing of pictures’ attracts GST @ 18% (9% CGST and 9% SGST) and are classifiable under service code 998386. 1. Trade practice being followed in respect of classification of ‘printing of pictures” The service of ‘printing of pictures’ is being classified

Due to the two conflicting notifications, doubt was raised with regard to the GST on Supply of Food and Beverage service by the Educational Institution to its students, and the same is clarified in the current circular. Clarification on GST on Supply of Food and Beverage service by the Educational Institution The outcome of entire clarification on GST on Supply of Food and Beverage service by the Educational Institution is tabulated hereunder for easy understanding Case GST Applicability Foods and beverages supplied by an educational institution to its students, faculty and staff Exempt under GST vide sr. no. 66 of