GST REVISED FOR HOTELS 12% for tariff from Rs 2500-7500 and 18% for above Rs 7500

The GST Council has lowered tax rate on hotel tariffs to make India a more viable tourist destination. The GST on hotel room tariff between Rs 2500 to Rs 7500 has been reduced from 18% to 12% and GST on hotel room tariff above Rs 7500 has been reduced from 28% to 18%. This is a good news for inbound MICE, where India has been losing out to neighbouring countries. This move is expected to give boost to the tourism industry of the country. With this, the hotel industry has been removed from the 28 per cent tax slab, the highest under the GST regime.