Indian government reduces GST rate to boost tourism

gstThe GST (Goods and Services Tax) Council, led by India’s finance minister, Nirmala Sitharaman recently revised the tax rate of the hotels with room tariff of INR 7,500 and above at 18 per cent instead of the earlier 28 per cent. While, the rooms with tariff between INR1000 to INR7500 will attract a GST of 12 per cent there will be no GST on room tariff up to INR1000.

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