Tag Archives: Ernst & Young

Indian Association of Tour Operators (IATO) organised an interactive meeting with Sungita Sharma, Principal Commissioner CBEC, Govt. of India who is also head of Sectorial Working Group for GST on Travel & Tourism to address GST concerns of its members. The session was held at The Park New Delhi, where IATO members raised questions and concerns regarding GST to Sharma as well as Bipin Sapra, Ernst & Young. Pronab Sarkar, President, IATO, said that after the GST law has been passed there has been ambiguity on various aspects of the law including the definition of tour operators, how to file for input credit, hotel rates as well as airlines. He added that Sharma gave clarity on these subjects and also noted their advice to take them into consideration with the GST Council.

The Outbound Tour Operators of India (OTOAI) conducted a presentation to educate its members on GST and its effects on their businesses. The event had in attendance Aseem Arora, Senior Manager, Tax & Regulatory Services, Ernst & Young, informing the members about GST. Speaking at the event, Guldeep Singh Sahni, President, OTOAI, said, “We wanted to introduce the GST system to members who are unaware. We knew it would be a very ugly situation for service providers, both inbound and outbound, as well as for tourism industry. It is going to impact us in a big way. Right now we are suffering from 4.5 per cent tax. And with 18 per cent of GST, which the government is thinking of implementing, the industry is going in ruins. We want to go to the government with our issues, so that they consider it before implementing it.”