New Delhi, June 30, 2017:The Federation of Hotels and Restaurants Association of India (FHRAI) today welcomed the move by the Government to reduce the GST percentage on restaurants to 18 per cent from its earlier rate of 28 per cent in Star-hotels. Commenting on the development K Syama Raju, President FHRAI, said, “We are pleased to inform the good news to all our hotel and restaurant members that the representations given by FHRAI to the Honorable Prime Minister, Finance Minister, Members of the GST Council and other senior Government officials have been favorably addressed.” This has come in the aftermath after presentation put forwarded by FHRAI for the Government to relook at the present proposal as they had advocated a uniform Hospitality GST at 12 per cent across the country. The slab of Rs 5,000 on which earlier there was a GST tax of 28 per cent has now been enhanced to Rs 7,500. “It is expected that this measure will benefit a majority of our hotel members. FHRAI will continue tirelessly to espouse the cause of its members in future and will aim at securing lowest GST for all our hotel members.” Mr Raju added.
United News of India
