Discover and read the best of Twitter Threads about #GSTcredit

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GST relief for hotels, and restaurants soon? Govt to change GST structure?

Know Here ⬇⬇

1/5

#GST #GSTITC #GSTcredit #Restaurant #Hotel #GSTwithBimalJain #a2ztaxcorpllp
Sources says:

➡️ Hotel and restaurant industry may soon get relief on GST
➡️ Finance Ministry is considering their demand to change current GST structure
➡️ GST on Hotels/Restaurants may be increased to 12% from 5% with ITC benefit

2/5
Source says:

➡️ Alert: At present Hotels/Restaurants attracts 5% GST without input tax credit
➡️ Finance Ministry has sent the proposal to the fitment committee of the GST council

3/5
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