GST Council in its 37th meeting held on September 20, 2019 approved proposal to cut rates on hotel tariffs

GST Council in its 37th meeting approved proposal to cut rates on hotel tariffs. The Council approved cutting rate on rooms with tariff as under:

The copy of press release issued by Ministry of Finance is attached herewith for your perusal. To download the same, click the link https://pib.gov.in/PressReleseDetail.aspx?PRID=1585718

I am happy to share with you that HRANI has always put in all efforts and represented for one tax of 12 percent with full ITC. Various representations through meetings were sent to the Ministry of Finance & Tourism, Govt of India including the Chief Minister & Finance Ministers of nine states of Northern India.

The association under the able leadership and guidance of President Mr. Surendra Kumar Jaiswal and all Members of Managing Committee will continue to represent and convince the Hon’ble Finance Minister and Members of GST council including the Chief Minister & Finance Minister of nine states for further rationalization to one tax regime for hotel rooms, banquets and also re-introduction of input tax credit for Restaurants.

HRANI is thankful to the Ministry of Finance, Ministry of Tourism and all members of GST council including Chief Minister & Finance Minister of Indian States for their support extended to the hospitality industry.