Retail inflation in India 17-month high, FHRAI seeks GST rationalisation for hospitality sector
May 2, 2022
Citing the unprecedented rise in inflation, Federation of Hotel & Restaurant Associations of India (FHRAI) has requested the GST Council to evaluate the present GST structure for the hospitality sector and appealed for it to be rationalized. FHRAI has suggested that all F & B revenue of hotels be delinked from their hotel room tariff slabs and allowed to charge GST at 5 per cent without ITC under the composite scheme and 12 per cent GST with ITC.
FHRAI GST rationalisation 2022-05-02
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