CBIC Exempts GST on Certain Services Related to Skill Development
By: Admin
October 08, 2024
Categories: 54th GST Council
4 Min Read
The Central Board of Indirect Taxes and Customs (CBIC) has announced the exemption of GST on certain skill development services through Notification No. 08/2024-Central Tax (Rate), effective from October 10, 2024. This exemption replaces previous entries in the GST rate notification under serial number 69, extending the benefits to services offered by recognized entities such as the National Skill Development Corporation (NSDC) and other accredited bodies.
Key Changes:
- Entities Covered:
National Skill Development Corporation (NSDC).
National Council for Vocational Education and Training (NCVET).
Recognized awarding and assessment bodies accredited by NCVET.
Accredited training bodies recognized by the awarding bodies under NCVET.
- Scope of Exempt Services:
Services under the National Skill Development Programme or any other scheme implemented by the NSDC.
Vocational skill development courses under the National Skill Certification and Monetary Reward Scheme.
Services related to any National Skill Qualification Framework (NSQF) aligned qualifications approved by NCVET.
Amendment Highlights:
The notification updates terminologies, replacing “National Council for Vocational Training” with “National Council for Vocational Education and Training” throughout relevant provisions.
The revised table now includes the following:
This exemption applies uniformly across the Integrated Goods and Services Tax Act (IGST) and the Union Territory Goods and Services Tax Act (UTGST) to streamline tax relief for skill development initiatives across India.
The move is expected to promote vocational training and skill development, supporting the government’s efforts to empower the workforce.
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