Friday, 26 May 2017

FAITH writes letter to Indian Finance Minister about damaging effects of high GST rates

download (1)Federation of Associations in Indian Tourism & Hospitality (FAITH), the top representative body of the travel & tourism and hospitality associations in the country, has asked for an assessment of GST rates of 28% proposed on hotels and other accommodation units of INR 5000 and above and on restaurants at 5-star hotels and bring it down to a rational 18% to save the tourism industry in the country, in a letter to the Finance Minister of India, Mr. Arun Jaitley.

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