Skip to main content

Addressing GST Concerns: Advocating for a Unified 5% Tax Rate on All Restaurants

Hotels Campaigning for GST Parity with Stand-alone Restaurants

Since 2018, hoteliers have expressed their apprehensions that this tax incongruity results in a decline in restaurant patrons, who prefer standalone restaurants due to the tax advantages they provide. Industry stakeholders advocate for a standardized 5% GST rate across all dining establishments to create equitable ground.

In a landscape where standalone restaurants thrive nationwide, intensifying competition, the hotel industry questions the relevance of a hotel room rate in determining dining options.

Compounding the challenges is the growing trend among hotel guests to opt for food delivery services from external sources.

The process of the GST department which ties the dining GST to the hotels declared room tariff and the hotel restaurants at a competitive disadvantage. For instance, a meal costing ₹2,000 at a standalone restaurant incurs only ₹100 in GST, whereas the same meal at a hotel restaurant would attract ₹360 in taxes.

The predicament is further intensified for mid-market hotels, catering to a clientele especially attuned to pricing.

Hoteliers posit that the initial design of the GST framework might have been based on the assumption that hotel patrons were less concerned about pricing and could absorb heightened costs.

"Hotels invest substantial capital in developing food and beverage facilities... Levying a higher GST of 13% solely on hotel restaurants is unjust... This dissimilarity causes customers to view hotel dining as pricier and prompts them to seek dining alternatives beyond the hotel, including takeaways. This situation requires rectification. GST rates need to be disconnected from hotel room tariffs," expressed KB Kachru, Vice President of the Hotel Association of India, and Chairman Emeritus and Principal Advisor for South Asia at Radisson Hotel Group.

"If it's an economy hotel, the rule works as they can apply a 5% GST since their room tariffs typically stay under ₹7,500. But in other formats, customers feel the pinch as hotel restaurants become less economically accessible. This rings true even in the banquet business, where the sums involved are substantial," noted Ajay K. Bakaya, Managing Director at Sarovar Hotels.

Achin Khanna, Managing Partner at Hospitality Consultancy Hotelivate, remarked, "While hotel food and beverage outlets already contend with competition from the rapidly expanding independent restaurant industry, the additional 18% GST imposed on hotel dining, compared to the standard 5%, further dissuades guests from dining at the hotel, resulting in missed sales opportunities."

Read also: Industry Wants 5% GST on Hotel Restaurants to Compete Standalone

Samir MC from Fortune Park Hotels provides a nuanced perspective, recognizing the intricacies within India's diverse tax system. He suggests that hotels should elevate their dining experiences to warrant the higher tax bracket.

However, the consensus remains evident: the current tax model is untenable and requires reform to uphold the vibrancy of hotel-based dining services.

Comments

Popular posts from this blog

A Full Guide to GST E-Way Bill 2 for Faster Compliance

  Have you encountered any challenges while trying to create a GST E-way bill using the government portal? If yes, SAG Infotech is here to provide some important solutions for you. NIC has launched the GST E-Way Bill 2 Portal. Designed to Offer GST E-way Bill Services with High Availability Using the e-way bill site, taxpayers and logistics operators can log in with their current account and password. Data from the GST E-way Bill2 site will be verified, combined, and available on the main GST E-way Bill portal for all business and analytical objectives. To guarantee that e-invoice generation is unaffected, this portal is integrated with another e-invoice portal for e-way bill generation. Users can freely create and amend E-Way Bills using the GST E-Way Bill2 Portal. The seamless integration and merging of the e-Waybill1 and e-Waybill2 systems will lessen reliance on the e-Waybill1 system in emergencies. E-way bill details are synchronised with the main portal in only a few seconds

Gen Online Payroll Software for Small Business in India

In today's digital world, every person and businessperson works very hard to manage data manually, which can be a time-consuming and labour-intensive task, particularly when information needs to be constantly updated and verified. Likewise, managing large volumes of employee-related data can be a challenging and overwhelming task for HR professionals. Therefore, to address the workload and complexity of these tasks, the IT sector has developed Payroll software. In recent years, we have seen a huge growth in the number of Payroll software options. Yes, there are many types of HR Payroll software available in the Indian market at present. If you're looking for a reliable and popular payroll software option, you can choose Gen Online Payroll software, brought to you by SAG Infotech. Whether the business is medium or small, Gen Payroll software can make managing numerous important tasks of a human resources manager hassle-free. The Online Payroll software assigns a unique

GST Collection of August 2024 Reaches INR 1.75 Lakh Crore

Concerning the financial front, gross GST collections for August 2024 show a strong 10% growth, reaching approximately ₹1.75 lakh crore.  This surge, driven by robust domestic consumption, led to a 9.2% increase in GST revenues from domestic transactions to approximately ₹1.25 lakh crore. Revenue from imported goods also saw a substantial rise of 12.1%, totalling ₹49,976 crores.  Despite the overall growth, there was a slight decrease from the ₹1.82 lakh crore collected in July 2024 when compared month-on-month. However, industry experts remain optimistic.  They point out that the 10% year-on-year increase at the commencement of the festive season is a strong indicator of sustained and potentially growing consumption in the upcoming months. The government's ongoing efforts to simplify the GST process, especially through measures such as adjusting rates to lower working capital expenses, have been positively acknowledged.  This dedication is also evident in the ₹24,460 crore in