Summary:
We have therefore requested the government to retain Input Tax Credit (ITC) for effective reduction in burden on consumers at large," he said. "One reason our tourism industry fails to attract as many foreign tourists as it should is the heavy tax on tourism (23%). Pune: The Hotel and Restaurant Association Western India (HRAWI) claims that the reduction in GST on restaurant services without input credit will impact the industry in a negative way. We feel that tourism exports should be treated at par with other exports, and such transactions be zero-rated under GST, without the flow of input credits. To this effect, HRAWI recently submitted a representation to state finance minister Sudhir Mugantiwar..