Levy of GST— The present appeal has been filed against the advance Ruling.

Held that— In this case, the Appellant had sought a ruling whether, pursuant to the enactment of the IIM Act, 2017, the long duration post graduate programs will be exempt from GST under SI.No. 66 of the Notification No 12/2017 CT(R). We hold that, With effect from 31st January 2018, the long duration Bost graduate diploma/degree programs offered by IIMB, where a degree/ diploma is conferred as recommended by the Board of Governors as per the power vested on them under the IIM Act, 2017, will be eligible for exemption from GST by virtue of Sl.No 66 of the Notification No 12/2017 CT(R) dated 28.06.2017 as amended.

As regards the second issue regarding supply of online educational journals or periodicals to the IIMB, the question on which the Appellant sought a ruling was whether such supply of online journals and periodicals to IIMB are exempt from reverse charge liability. The plea of the Appellant is that since they are to be considered as an ‘educational institution’ post enactment of the IIM Act, 2017, the supply of online journals and periodicals to their institution should be given the benefit of exemption under Sl.No 10 of Notification No. 09/2017 IT(R).—Indian Institute of Management, Bangalore, In Re…. [2019] 10 TAXLOK.COM 067 (AAAR-Karnataka)