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Ahead Of GST Council Meet, FHRAI Submits Representation To FM For Hospitality Sector

Posted : 27 May 2021 08:37:41 | By TWO Bureau | GNN Bureau

Ahead Of GST Council Meet, FHRAI Submits Representation To FM For Hospitality Sector

Ahead of the GST Council meeting scheduled on 28th May 2021, FHRAI has submitted a representation to the Hon’ble Finance Minister - Smt. Nirmala Sitharaman requesting the Council to include impactful policy measures required to help the Hospitality industry in its survival efforts.

*Enhance threshold limit of hotel room tariff for charging GST @18% to Rs.9500/- from Rs.7500/- and for zero GST for hotel rooms from Rs.1000/- presently to Rs.2000/- per room per day

* F&B revenue across hotels & standalone restaurants as bundled services to be charged GST at 5% composite scheme for units not availing ITC and 12% GST for units availing it

* Allow valid GST hotel bills of any State other than the home State paid for by digital mode exempt under section 80C for an additional amount of Rs.50,000/-

* Allow IGST billing to the hotels for corporate bookings & MICE

* removal of GST on rent payments & refund of unutilized GST credit lying with the State

* New provision in law for immediate refund of GST paid by new hotel projects and existing expansions




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Tags : FHRAI, GST Council, policy measures to support hospitality industry, hospitality industry, hotels, travel and tourism, breaking travel news,


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