KERALA TRAVEL MART EXPRESSES CONCERN OVER
HIGH RATE OF TAXATION UNDER GST.
Kerala Travel Mart (KTM),a leading Tourism body has expressed concern
over high rates of taxation under GST regime. They say that it would stifle
the Tourism business thus making it unsustainable.A KTM delegation met
Tourism Minister Mr.Mahesh Sharma and voiced their concern that the
Tourism industry is already under stress following demonetisation &
liquor ban on highways.
In a memorandum to the Union Finance Minister, KTM said that the new
GST structure is the highest in the world.They further requested the
Finance Minister to reduce the tax for hotels from 28% to 18% & for
tour operators, it amounts to 33% (28% GST Plus Tour operator's tax
of 5% ).Further, they requested the FM to reduce the GST to 5% which
was charged earlier for House Boats from 28% charged at present
under GST regime.
under GST regime.
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