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HRAWI Welcomes Reduction of GST Cap on Room Tariffs

Federation of Hotel and Restaurant Associations of India (FHRAI), the apex body of hotel industry has welcomed the decision stating that ahead of the festive seasons, the industry anticipates the move to give a boost to tourism and hospitality. The reduction of GST rate from 28 per cent to 18 per cent effectively reduces the cost borne by a guest by 10 per cent translating to significant savings with higher tariffs.

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