The GST Council has exempted educational items from tax, lowering costs for students and supporting learning accessibility.
Key GST Reductions in Education
Maps, Charts & Globes - 12% to Nil
Pencils, Sharpeners, Crayons & Pastels - 12% to Nil
Exercise Books & Notebooks - 12% to Nil
Eraser - 5% to Nil
Summary
- Essential stationery and study materials are now completely GST-free.
- The reform reduces the financial burden on parents and students.
- A big step to encourage education and make learning more affordable.