The government has levied 28 per cent GST on hotels with tariffs of Rs 7,500 and above, a price tag covered by five stars properties. A week, after the Goods and Service Tax has been rolled out, and the sword of 28 per cent tax hangs over their heads, many luxury hotels are at sea. The government has levied 28 per cent GST on hotels with tariffs of Rs 7,500 and above, a price tag covered by five stars properties. Rooms priced between 2500-7500 will be paying 18 per cent GST. We as an industry are at a very nascent stage, and 28 per cent GST won't encourage us to grow in any way," he said.

Source: dna July 09, 2017 02:37 UTC