• V. Ramachandran,
• P.Nishanthi

Abstract: Indian Industry’s reaction to the GST implementation was mostly positive, qualifying it with hopes of further simplification of rules and consolidation of rates in the near future. The hospitality industry, like every other sector in the Indian economy, was liable to pay multiple taxes as VAT, luxury tax, and service tax under the previous VAT regime. The following statement from Confederation of Indian Industry (CII) clearly reflects our industry’s mind-set. Sometimes later, the Government should commit to converge to one or two rates. It is also important that the bulk of goods and services should fall within the standard rate of 5% and only as exception to go to the higher rate of 28%. GST is a better and easier rules and regulations, and increased costs and compliances. The Tourism and Hospitality industry in India is expected to grow to US$ 280.5 billion by 2026, and the initial hiccups after GST implementation are highly suspect to impede this growth. However, it remains to be seen whether the cons outweigh the problems for this industry.

Keywords: GST, hospitality, tax, tourism, industry

"EFFECTS OF GST IN HOSPITALITY INDUSTRY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 4, page no.318-323, April-2019, Available :http://www.jetir.org/papers/JETIR1904E54.pdf

"EFFECTS OF GST IN HOSPITALITY INDUSTRY", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 4, page no. pp318-323, April-2019, Available at : http://www.jetir.org/papers/JETIR1904E54.pdf