A senior delegation of The Federation of Hotels Restaurants Association of India (FHRAI) India’s apex body for Hotels & Restaurants presented a representation to Union Finance Ministry Officials on Wednesday. Highlighting that the proposal of 28% GST slab will adversely impact the hospitality and tourism industry, the delegation requested the Government to relook at the present proposal and advocated a uniform Hospitality GST at 12% across the country.
The delegation further requested the Government to relook at the Luxury Tax limit of Rs. 5000/- and enhance it suitably as is followed in most of the countries The World-over since, Rs. 5,000/- (USD 75) cannot be considered Luxury today. The service tax proposal under the new GST regime has been set at 28 per cent for Hotel tariffs above Rs. 5,000/-.
FHRAI is the third Largest Hotel & Restaurant Association in the World and its delegation was led by Mr. K. Syama Raju, President along with Mr. Garish Oberoi, Vice President, Mr. Dilip Datwani, Vice President, Mr. T.S. Walia, Vice President, Mr. Surendra Kumar Jaiswal, Jt. Hony. Secretary, Mr. T. Nataraajan, Executive Committee Member and Mr. Amitabh Devendra, Secretary General met Senior Finance Officials of the Government of India, who were gracious enough to meet the delegation on 31st May, 2017.
“Federation of Hotels & Restaurant Association of India” (FHRAI) is the apex body of the Indian hospitality industry representing hotels, restaurants and associates, spanning the length and breadth of our vast country. Founded in 1955 by the legendary hotelier Rai Bahadur M.S. Oberoi, the organisation has diligently built on its glorious legacy and is today recognised as the pre-eminent national voice of our industry and is also proud to have played a seminal role in shaping the growth trajectory of India’s vibrant tourism sector. FHRAI enjoys the distinction of the being the third largest Hotel & Restaurant Industry Association in the world.” For further details please visit www.fhrai.com.