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India Business News: Tourism industry says the GST in India is over twice as high as in neighbouring countries. IATO has also requested that GST/IGST may be fully exempted
Tourism body writes to FM to consider lowering of GST
May 26, 2021
The sector has been worst hit due to Covid-19
The Indian Association of Tour Operators (IATO) has written to the Finance Minister urging for lowering of Goods and Service Tax (GST) on various tourism related services at the upcoming GST council meeting.
“The inbound tourism has been the worst hit and if we were to get these financial relief it will help us give us some strength to bounce back. Sincerely hope that our requests will be given serious consideration by the GST council,” said Rajiv Mehra, President, IATO.
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