CNBC sources say GST Rate Fitment Committee proposes to cut GST rate from 28% to 18% on Hotel Tariff of Rs 7500/- & above

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The GST Council to Deliberate on the following proposals on September 20, 2019:

  • The GST Rate Fitment Committee proposes to cut GST rate from 28% to 18% for Hotel Industry where the Declared Room Tariff is more than Rs. 7500 and above.
  • Further, it is proposed to increase the threshold of Declared Room Tariff of Rs. 7500/- to Rs. 10,000/- with 28% GST Rate.

Source: https://twitter.com/CNBCTV18Live/status/1173976341332365312