GST on Revenue Share from Educational Institution & Interest-Free Refundable Deposit

In re Choice Foundation (GST AAR Kerala) Liability of GST of share in revenue from the Educational Institution as per Notification No. 11/2017- Central Tax (Rate) dated 28/06/2017 and S.R.O. 370/2017 dated 30/06/2017 and the exemption of GST of interest free refundable deposit as per Notification No. 12/2017-Central Tax (Rate) dated 28/06/2017 and S.R.O. No. 371/2017 dated 30/06/2017. AAR held that the liability of GST on the share in revenue from an educational institution depends on the nature of the transaction and the provisions of the CGST/KSGST Act. The ruling by GST AAR Kerala clarifies...