GST : Hotel industry welcomes revised slab on hotel rooms | Oneindia News
- 7 years ago
The Hotel and Restaurant Association of Western India (HRAWI) today welcomed the revised goods and services tax (GST) slab on hotel room tariffs that widens the slab of 18 per cent to tariffs ranging between Rs 2,500 and Rs 7,500.
With the revision, the highest tax rate of 28 per cent is assigned to tariffs of Rs 7,500 and above. While neighbouring countries pay 5-12 per cent GST or equivalent tax, hotels in India would be levying 18 and 28 per cent GST. This may not go well with foreign inbound tourists who are lured with significant deals by our neighbours.
With the revision, the highest tax rate of 28 per cent is assigned to tariffs of Rs 7,500 and above. While neighbouring countries pay 5-12 per cent GST or equivalent tax, hotels in India would be levying 18 and 28 per cent GST. This may not go well with foreign inbound tourists who are lured with significant deals by our neighbours.