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GST ON HOTEL TARIFFS
To bring the world, sell India better: The $200 million fix India needs to unlock a tourism windfallIndia's tourism sector faces challenges due to a near-zero overseas marketing budget. This has kept international arrivals below pre-pandem...- EY, FICCI urge govt to reduce GST rate to 9% on hotel rooms priced above Rs 7,500 per nightA joint report by EY and FICCI suggests lowering the GST on luxury hotel rooms to 9%. This move aims to make India a more competitive touri...
- Court grants hotel interim stay on GST for eatery servicesThe Bombay High Court has granted an interim stay on the 18% GST levied on restaurant services within hotels charging over ₹7,500 per day f...
- Restaurant services in hotels with tariff over Rs 7,500 per day to attract 18 pc GST from AprilHotels with room tariffs over ₹7,500 per day will have their restaurants taxed at an 18% GST rate with input tax credit, according to new r...
- FHRAI urges govt to delink food and beverage GST rates from room tariffsThe Federation of Hotel & Restaurant Associations of India (FHRAI) urges the government to separate GST on F&B services from hotel accommod...
- Tourism ministry plans promotions around GST rate cut for hotelsThe GST rate for room tariffs of Rs 7,500 and above was reduced to 18% from 28%, while those between Rs 1,000 and Rs 7,500 would have to pa...
- Industry insiders expect better occupancies in coming quarter after GST tax cutThe GST Council had on Friday slashed room rates for hotels with tariffs of Rs 7500 and above to 18% from 28% besides rejigging the tax sla...
- Hotel stocks in limelight; zoom up to 20 per cent on GST rate cutThere will be no GST on rooms with tariffs below Rs 1,000 per night.
- Hotel stocks rally up to 13% on GST rate cutThere will be no GST on room tariffs of below Rs 1,000 per night.
- GST Council hikes tax on caffeinated beverages, cuts rates on hotel tariffsSmall taxpayers get relief from filing returns for 2 yrs; no rate change for larger autos, biscuits.
- No GST relief for 5-star luxury hotelsOn Tuesday, PM Narendra Modi had said that 99% of over 1,200 goods and services will attract 18%, or less, goods and services tax.
- Tax on actual tariffs to enhance yields and occupancies post GST relief: Hotel companiesThe decision is a big relief particularly for premium hotels because for so long they were forced to charge 28% GST even when they used to ...
- 28% GST on luxury hotels likely to stayThe 28% tax on luxury hotels with tariffs of Rs. 7,500 and above makes India one of the most taxed countries in the world for hotels.
- What India's hospitality sector wants from Jaitley in Budget 2018Tourism is largely underpenetrated and hotels is the main component in travel. GST has raised the tax burden by 3 times, the industry says.
- View: Budget must ease burden on Indian hospitality sectorBut in the short term, disruptions have interrupted the flow of business in many sectors. The bumps in GST should be identified swiftly to ...
- ‘Declared tariff’ for GST foxes hotelsTax experts reckon the government should provide clarity and should consider the invoice value for calculating the GST rate in hotels.
- HRAWI appeals for a revisit of Income Tax Credit aspect of GST for hospitalityThe association has appealed the Government to remove this condition and determine the tax percentage based on the actual transaction value
- Booking a hotel after GST rollout? Here's how much you will payAt present, hotels that charge tariffs in this range pay 21-22% tax. Hotel tariffs above Rs 7,500 would attract GST rate of 28%.
- Global hotel chains like Hilton, Hyatt upbeat on GST despite high tax cardChains such as Hilton said they are taking a comprehensive approach to prepare for the new tax reform, putting in place back-end systems fo...
- Hotel associations call changes in GST rates for hotels a partial victoryRates for restaurants in hotels with tariffs of Rs 5,000 and above have been brought down to 18% from 28%.
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