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Hoteliers Expect Rise In Occupancy Post GST Rate Cut

The tax on room tariff of above Rs 7,500 was lowered to 18 per cent from the existing 28 per cent.
The tax on room tariff of above Rs 7,500 was lowered to 18 per cent from the existing 28 per cent.
The GST or Goods and Services Tax Council on Friday slashed the rate on hotel room tariffs. The move was welcomed by luxury hotel chains. The tax on room tariff of above Rs 7,500 was lowered to 18 per cent from the existing 28 per cent. The Council also decided that rooms with a tariff between Rs 1,001 and Rs 7,500 will now pay a GST of 12 per cent, as against the earlier tax rate of 18 per cent. 
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