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GST council meet: Hotel owners and operators cheer tax reduction

Removal of compensation cess on all manufacturers of aerated drinks brought some breather for beverage majors

GST
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Arnab Dutta New Delhi
Hotel owners and operators on Friday welcomed the goods and services tax (GST) rate cut on room tariffs.

According to Dipak Haksar, chairman of CII National Committee on Tourism & Hospitality, the move will create a positive sentiment across travel, trade and hotel industry. “The GST rate rationalisation is an extremely positive development, which augurs well for the Indian tourism industry. We are grateful… for considering this demand of the industry,” he said.

Zubin Saxena, managing director and vice-president for operations, South Asia, Radisson Hotel Group, said the widening of 12 per cent GST bracket to a large number of