IIM Liable to GST TDS Due to Substantial Government Control: AAR Gujrat

In re Indian Institute of Management (GST AAR Gujrat) The applicant, M/s. Indian Institute of Management, Ahmedabad, is a GST-registered educational institution established under the Indian Institutes of Management Act, 2017, which declared certain IIMs as institutions of national importance. The applicant sought an advance ruling on two issues under Section 51 of the CGST Act, 2017 read with Notification No. 50/2018-Central Tax dated 13.09.2018. The first issue was whether the applicant qualifies as a ‘specified person’ required to deduct tax at source (TDS) under Section 51. The second i...