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GST is a comprehensive single indirect tax reform on the supply and consumption of goods and services which will wipe away the tax-over-tax occurrences and give way to a better and stronger economy.
The on-premise PMS eZee FrontDesk will smoothly carry out all your hotel operations in line with GST reforms:
In a nutshell, GST ready hotel software eZee FrontDesk will not only help you streamline your day-to-day operations, but also adapt your hotel with GST rules and policies.
India is going to follow a dual-GST model and implement a 4-tier tax structure of 5, 12, 18 and 28 percent, among which the GST on hospitality industry will be levied based on a hotel’s tariff and annual turnover.
Take a look at how hotels in India will be charged as below mentioned reforms:
|Tariff Range||GST Rate|
|< INR 1000||No tax|
|INR 1000 - INR 2499||12%|
|INR 2500 - INR 7499||18%|
|> INR 7500||28%|
Whereas, Banquet operations will be imposed a GST of 18%. The introduction of GST is set to bring about a positive impact on the Indian economy, giving way to higher profits, lesser taxes and easier administration of businesses.