Quick Summary
Introduction The Directorate General of Goods and Services Tax (GST) Intelligence has issued a show-cause notice to the Indian Institute of Technology-Delhi (IIT-D), demanding ₹120 crore in GST on research funding received between 2017 and 2022. The notice, which also includes interest and penalties, has stirred significant concern in the education sector. IIT-D has yet to respond to the notice. Government Reaction A senior Ministry of Education official described the notice as "unfortunate
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
View all CCI PRO benefits
Already a PRO member? Login here for an ad-free experience. 011-411-70713
FAQ :
IIT-Delhi has been issued a demand for ₹120 crore in GST, which also includes interest and penalties.
The GST demand pertains to research funding received by IIT-Delhi between the years 2017 and 2022.
The Ministry of Education considers the notice "unfortunate" and a "misinterpretation" of the law, asserting that government-funded research should be exempt from GST.
Yes, several other educational institutions, including central universities, IITs, and state-run and private universities, have reportedly received similar notices from GST authorities.
Concerns have been raised that these demands could place a financial burden on institutions, discourage research, and increase the overall cost of education.
CAclubindia
