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The GST council on Friday has slashed the rate on hotel room tariffs. The move aimed at giving a boost to the hospitality sector. Finance Minister Nirmala Sitharaman announced nil tax for those with tariffs of up to Rs 1,000…
According to the report of Business Standard, The Goods and Services Tax (GST) Council might rationalise rates for five-star hotels after a recommendation by the fitment panel. “Hotels and outdoor catering are two big items where the fitment panel has…