HRAWI appeals for a revisit of Income Tax Credit aspect of GST for hospitality

NEW DELHI: Post the Goods & Services Tax (GST) roll out earlier this month, the Meetings, Incentives, Conferences and Exhibitions (MICE) related activities have been hit hard according to hotel associations. One of the anomalies that emerged post GST roll out was that MICE activities and other events held in hotels outside of home state are not eligible for Input Tax Credit (ITC).

This has been leading to cancellations and postponements for pre booked events. Given the emergence ..