GST Council rates cut in several items including hotel tariffs

Last Updated: Friday, September 20, 2019, 22:37
GST Council rates cut in several items including hotel tariffs
GST Council has slashed tax rates on several items, including hotel room tariffs and cut and polished semi-precious stones. The Council recommended tax rate increase in some other items. Council has also decided to link Aadhaar with the registration of taxpayers under GST and also examined the possibility of making Aadhaar number mandatory for claiming refunds.



The 37th GST Council meeting was held in Goa yesterday under the chairmanship of Finance & Corporate Affairs,Minister Nirmala Sitharaman. Finance Minister announced that no GST will be charged for hotel rooms having tariffs of upto 1,000 Rupees per night. She said 12 per cent GST will be levied on the hotel room from the existing 18 per cent whose tariff ranges between 1,001 to 7,500 Rupees. Hotel room having tariff of 7,500 Rupees and above will be charged 18 per cent from the existing 28 per cent.

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