Goa, June 2 -- The Goa Chamber of Commerce and Industry (GCCI) has urged the State government to recommend rationalizing the Goods and Services Tax (GST) slabs to the Union government to ease compliance burdens and eliminate the cascading tax effect. In a detailed memorandum to Chief Minister Pramod Sawant, GCCI proposed a uniform 12% GST rate for all hotel accommodations. It also suggested allowing standalone restaurants to opt for the same 12% rate with input tax credit, replacing the current system where hotel GST rates vary by room tariff and standalone restaurants are taxed at 5% without input tax credit.
These measures aim to simplify compliance, address inverted duty structures, and boost the competitiveness of Goa's tourism and h...
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