Finance Minister Nirmala Sitharaman has confirmed that a Group of Ministers (GoM) is examining requests from the hotel industry concerning Goods and Services Tax (GST) applied to food items. This review addresses the varied GST rates on products like sweets, savouries, and bakery goods served in hotels and restaurants. The GoM has been considering these demands for about a year and is set to release its final report shortly, potentially bringing more clarity to the current tax structure.
Finance Minister Nirmala Sitharaman announced in Coimbatore on Thursday that a Group of Ministers (GoM) is actively reviewing the demands of the hotel industry regarding GST on various food items. The review aims to address concerns raised by hotel owners about the different GST rates applied to items such as sweets, savouries, and bakery products served at hotels and restaurants.
To the concern raised by a prominent restaurant owner which was spoken in Coimbatore, Sitharaman says that the hote
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FAQ :
Finance Minister Nirmala Sitharaman announced that a Group of Ministers (GoM) is reviewing the GST requests from the hotel industry.
The review includes GST on various food items served at hotels and restaurants, such as sweets, savouries, and bakery products.
The hotel owners association have been presenting their demands to the GoM over the past year.
The Group of Ministers has already submitted a status report and is anticipated to tender the final report very shortly.
Finance Minister Sitharaman stated that all decisions taken by the GST Council in the last seven years have been unanimous, with no opposition except for one past issue.