Government earned Rs 4,792 crore GST on education services in FY24; check which services are exempt
Educational services such as services provided by schools are exempted from GST. Pankaj Chaudhary, minister of state in the Ministry of Finance said in Lok Sabha on November 25, 2024, that the government collected Rs 4792.40 crores as Goods and Services Tax (GST) on education services which are not exempt under GST in FY 2023-24. The government collects 18% GST on commercial educational services such as coaching and training.