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GST Insight – Dilip Datwani, president, Hotel and Restaurant Association Western India (HRWAI)

“There is an overall reduction in MICE bookings across hotels in India as compared to the same period last year. Advance bookings are being cancelled and new bookings are not happening. Most companies are considering holding events in the same State where they are registered under GST. Businesses may still have digested the high GST, but without input tax credit (ITC), it just becomes unviable. MICE tourism ...

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GST Insight РJean-Michel Cass̩, COO-India & South Asia, AccorHotels

The implementation of GST has introduced a lot of simplicity in the current taxation structure that comprises of various levies and is incredibly complex. We commenced our GST implementation journey from February 2017 and the entire transition was planned to the minutest detail. However, at the initial stage, we rolled out a backup IT plan for a few days as software vendors were not ready with their GST sol ...

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GST Insight – Vimal Singh, MD, Golden Tulip Hotels and Resorts, South Asia

The hospitality industry will reap the benefits of standardised and uniform tax rates and better utilisation of input tax credit with the implementation of GST. It is going to rationalise and streamline the whole tax structure. In long term with the GST implementation and the excise taxes being withdrawn it is going to attract more investment from the global brand in the Indian hospitality market. As a grou ...

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GST Insight – Raj Rana, CEO-South Asia, Carlson Rezidor Hotel Group

“We had been preparing several months in advance of the GST rollout cut-off date. Understandably, the two important aspects of GST implementation were technology dependency and training dependency and we have ensured a seamless transition on both those fronts so far. At Carlson Rezidor, we believe that simplification of tax structure and improvement of transparency is a good move. However, the upper bracket ...

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