2006-10-27 03:21:37 · 3 answers · asked by anand k 1 in Education & Reference ➔ Higher Education (University +)
Service tax is on 'commercial training or coaching centre' which means any institute or establishment providing commercial training or coaching for imparting skill or knowledge or lessons on any subject or field other than the sports, with or without issuance of a certificate and includes coaching or tutorial classes but does not include preschool coaching and training centre or any institute or establishment which issues any certificate or diploma or degree or any educational qualification recognised by law for the time being in force;
If your institute issues a certificate, diploma or degree recognized by law, is outside the purview of “commercial training or coaching institute”. (para 2.2 of CBEC circular No. 59/8/2003 dated 20.06.2003.
Good Luck.
2006-10-28 21:02:40 · answer #1 · answered by gaurav k 2 · 0⤊ 0⤋
I do not think, PGPBM courses are approved, by AICTE. Secondly, there is no Service Tax on Tuition Fees.
2006-10-27 12:07:45 · answer #2 · answered by Anonymous · 0⤊ 0⤋
They are in business, so they still have to collect taxes even though they don't have the educations credentials.
2006-10-27 10:30:20 · answer #3 · answered by Kacky 7 · 0⤊ 0⤋