GST Implementation: What It Means for the Hotel Industry ๐Ÿจ

Discover how the upcoming GST rollout on June 30, 2017, will affect hotel businesses and what steps they need to take to adapt to the new tax regime.

GST Implementation: What It Means for the Hotel Industry ๐Ÿจ
NewsNation
1 views โ€ข May 19, 2020
GST Implementation: What It Means for the Hotel Industry ๐Ÿจ

About this video

The Goods and Services Tax is all set for the June 30, 2017 roll out. The Finance Minister Arun Jaitley has confirmed that GST will be rolled out as per the plans. Around 12 per cent GST rate is applicable on low-budget and non-AC restaurants, while most of the establishments will fall under 18 per cent tax slab. The 18 per cent GST rate will replace existing service tax and the VAT.

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1

Duration

21:40

Published

May 19, 2020

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