Over view about topic

1. GST IMPACT ON TOURISM OF INDIA
BY-ATUL KUMAR SHUKLA
STUDENT -IHM HAJIPUR

2. Introduction
• Tourism represents world third largest revenue in
terms of global earning after fuel and chemical.
• Modern tourism is responsible for one out of 11
jobs and 10% of world economic output.
• A part providing employment income and foreign
exchange for the country.
• Tourism is not only a high foreign exchange grosser
. It is also among the largest tax generator.

3. Objective of study.
• To explore about GST in tourism of India.
• To find out information about GST impact in
tourism of India.
• To Anylise & effect of GST impact in tourism of
India.
• To collect information about GST impact in tourism
of India.

4. PERIOR TO GST.
• In the current taxation system there
are three main types of taxes that the
hospitality has to pay.
• Value added tax , or VAT
• Luxury Tax
• Service Tax

5. Objective of GST
• Assigning GST rates for hotel and restaurants again
annual turnover is a progressive move by the
authorities.
• One of major benefits of GST to the hospitality and
tourism sector is that it will eliminate multiple
taxation system but subsuming all taxes previously
levied under one single entity.

6. HIGHLIGHTS OF NEW GST
• Restaurants with a turnover of less than a RS 50lakh rate
of5%.
• No AC Restaurants will have 12% tax rate. AC restaurants
will have to sell out 18% taxes.
• Hotel ,lodeges with tariff less then rs1000 will be taxed at
0%.
• Hotel lodges with tariffs between us 1000 - RS 2500 will be
charged 18% tax
• Hotel lodges with tariffs above RS 7500 will be charged
28%tax.

7. Positive and Negative impact
• Positive
• It eliminate Multiple
taxation system.
• Uniformity in taxes.
• Increase revenue for
state government.
• Saving food and
beverage operation.
• Negative
• Increase compliance
burden.
• Multiple registration.
• Liquor not included.
• No cradit on work
contact service.

9. Thank you