Booked hotel room? Expect 10% GST refund if room rate exceeds Rs 7,500
MUMBAI: Guests of luxury hotels are likely to gain from the recent government decision to slash goods and services tax ( GST ) on rooms priced at over Rs 7,500 to 18% from 28% now, and below that tariff to 12% from 18%. The new rates will be effective from October 1. So, if a person books a stay in a luxury hotel with an average room rate of Rs 10,505, he will save Rs 1,050…