ICFAI entitled to Service Tax exemption on its educational programmes

ICFAI Branch Vs C.C.E. & S.T. (CESTAT Ahmedabad) M/s ICFAI, Branch Vadodara (hereinafter referred to as “the Appellant”) during relevant period was a constituent of Institute of Chartered Financial Analysis of India, Hyderabad (for brevity, ICFAI Hyderabad’) which was inter-alia engaged in imparting educational programmes in the areas of finance, banking, insurance, accounting, law, management, information technology, arts, commerce, education, science and technology, at bachelor’s and master’s level on full time campus and distance learning modes. Upon succes...