News
28% GST on luxury hotels likely to stay
- Date:
- May 10, 2018
- Source:
- Economic Times
The 28% GST on luxury hotels with tariffs of Rs. 7,500 and above is likely to stay despite the hotel industry lobbying to reduce the tax rate as the government is unlikely to amend the tax slab now, officials familiar with the matter told ET. The 28% tax on luxury hotels with tariffs of Rs. 7,500 and above makes India one of the most taxed countries in the world for hotels but the gove…