Denied refund of Rs. 2.24 crore in service tax by the state GST department on the ground of ‘unjust enrichment’, the Indian Institute of Management, Ahmedabad (IIMA) has appealed to the Gujarat high court.
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According to the case details, the premier institute runs its postgraduate program in management for executives (PGPX), a one-year full-time residential course. IIMA courses were approved by the Centre and exempted from tax levy in 2011. However, the tax was demanded on courses run by IIMs on the grounds that they were not approved by the All India Council for Technical Education. This dispute was settled by the Kerala high court, which ruled in favour of the IIMs.
Read more at : THE TIMES OF INDIA
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