Tourism Breaking News
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.”
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