The Union Finance Ministry on Tuesday confirmed that hotel rooms with tariffs less than Rs 7,500 per unit per day, including 5-star hotels, will attract GST rate of 18%. This comes after news reports suggested that five-star hotels would be taxed at the highest slab rate of 28% under GST. The rate for air-conditioned restaurants, including restaurants in 5-star hotels, will be 18%.
By Varun Vasudevan | Jul 18, 2017 8:26 PM #GST #Finance Ministry
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