GST Rates: Services by Educational Institution to Students, Faculty and Staff Fully Exempted From Tax

New Delhi, July 13: In a major development, services provided by the educational institution to students, faculty and staff fully exempt from GST. The historic indirect tax regime- GSTkicked in on July 1 after Prime Minister Narendra Modi and President Pranab Mukherjee launched it in the Central Hall of Parliament. GST replaces about 20 indirect taxes at both the Centre and in States and aims to unify the $2 trillion economy and 1.3 billion people into a single market.