Hrani Decodes GST
Hospitality Talk|August 2017

The Hotel and Restaurant Association of Northern India (HRANI) held a seminar for members on Goods and Services Tax (GST) at The Imperial, New Delhi, on July 6, 2017. There was active participation by the 70-80 members who attended to clarify doubts about GST.

Kanchan Nath
Hrani Decodes GST

Welcoming government officials to the seminar that sought to clarify doubts and questions that members had about the new tax regime, GST, Sanjay Sood, President, HRANI, said, “Everybody likes consolidation of taxes as it leads to transparency and helps guests and buyers decipher the division of cost. We welcome GST and Ms Verma’s proactive support to us that resulted in the threshold of 5000 being increased to 7500 for the 28 per cent tax category.”

LOWER THE TAX RATE

Highlighting the main concern of hoteliers, Surinder Jaiswal, Hony. Secretary, HRANI, said, “We are very happy to get GST; we definitely wanted one India, one tax. Our main concern was that we were expecting lower rates of not more than 12 per cent.” Taking the example of Clarks Varanasi, he said, “In Uttar Pradesh, there was only 5 per cent Luxury Tax and 9 per cent Service Tax, coming to about 14 per cent in all. The same has now been increased to 28 per cent. So, the resultant effect in the mind of the tourist is going to be that tax is very high. Our concern is that this needs to be reduced in the future course. We can, in future, have a taxation of 5 per cent for all budget hotels, going up to a maximum of 12 per cent, so that revenue loss is not there.”

CONCRETIZE EVERY PROBLEM Sungita Sharma, IRS(C&E), Principal Additional Director General (Vigilance), believes that GST is not just a tax instrument but a forward tax instrument. “There is more concern in the tour operator sector than the hotel sector, this is our assessment. We must concretize every problem that we have so that we refer it to the law committee which can then brief the GST Council as to what the way ahead could be,” she said.

TAX DOWN TO 18 PER CENT

Denne historien er fra August 2017-utgaven av Hospitality Talk.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra August 2017-utgaven av Hospitality Talk.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA HOSPITALITY TALKSe alt
Technology vital post COVID
Hospitality Talk

Technology vital post COVID

The recent DDP Digital Conclave titled ‘The Post Pandemic Reset’ focused on hospitality and how technology would play a major role in a reset for the post-COVID world.

time-read
6 mins  |
September - October 2021
Local experiences
Hospitality Talk

Local experiences

There will be more challenges along the way. However, COVID-19 has shaped the industry for a better, sustainable and enriching future, says Patrick Taffin, Assistant Dean, SHMS Leysin.

time-read
2 mins  |
September - October 2021
IHE GOES PHYSICAL
Hospitality Talk

IHE GOES PHYSICAL

India’s one of the largest B2B hospitality expos, the four-day IHE 2021, opens on September 24 at IEML, Greater Noida and will be a 100 per cent ‘physical show’.

time-read
2 mins  |
September - October 2021
FHRAI-IHM GETS NCHMCT AFFILIATION
Hospitality Talk

FHRAI-IHM GETS NCHMCT AFFILIATION

NCHMCT affiliation FHRAI-IHM has become the first private institute managed by FHRAI to be affiliated with the National Council of Hotel Management & Catering Technology (NCHMCT), Noida.

time-read
2 mins  |
September - October 2021
On the road to recovery
Hospitality Talk

On the road to recovery

The food delivery market is dominated by Swiggy and Zomato, sharing 85 percent of the total market between them, says the India Food Service Delivery Report 2021.

time-read
4 mins  |
September - October 2021
Focus on feedback
Hospitality Talk

Focus on feedback

Domestic tourism has emerged as a sustainable segment to watch out for especially in post-pandemic business recovery scenarios, says Pankaj Gupta, General Manager, Holiday Inn Jaipur City Centre.

time-read
3 mins  |
September - October 2021
HOMESTAY IN THE HIMALAYAS
Hospitality Talk

HOMESTAY IN THE HIMALAYAS

Invoking the grandeur and nobility of the Raj era, Jungle House – a boutique homestay in Shimla, Himachal Pradesh – opens its doors for guests.

time-read
1 min  |
September - October 2021
Cautiously optimistic
Hospitality Talk

Cautiously optimistic

Pinning Raffles Udaipur on Accor’s global map, Kerrie Hannaford, VP – Commercial, Accor India & South Asia talks about raising the bar with immersive hospitality and emotional luxury.

time-read
4 mins  |
September - October 2021
ACQUISITION MODE
Hospitality Talk

ACQUISITION MODE

Click Hotels by Suba has acquired 35 hotels across 22 new destinations in India. By 2023, the hospitality conglomerate targets to cross 3,000+ rooms.

time-read
2 mins  |
September - October 2021
A complete solution
Hospitality Talk

A complete solution

Built on the airspace of a conventional railway station, The Leela Gandhinagar reflects the vision of modern India, says Jaideep Anand, Vice President and General Manager, The Leela Gandhinagar.

time-read
2 mins  |
September - October 2021