The Live Nagpur
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary

The Live Nagpur

  • Home
  • City
  • Politics
  • Business
  • Education
  • Entertainment
  • Sports
  • Health
  • Crime
  • Forest
  • Featured
  • Vidarbha
Business

Withdrawal of GST exemption on Room Tariff will hugely benefit unregulated sector – NRHA

by TLN Team June 30, 2022June 30, 2022
written by TLN Team June 30, 2022June 30, 2022
Withdrawal of GST exemption on Room Tariff will hugely benefit unregulated sector – NRHA

Nagpur Residential Hotels Association (NRHA) has vehemently condemned the recent move by the GST Council under chairmanship of the Union Finance & Corporate Affairs Minister Nirmala Sitharaman to withdraw GST exemption on Room Tariff up to Rs.1000; thereby attracting 12% GST from July 18, 2022 onwards.

Tejinder Singh Renu – President of NRHA said that despite the hospitality sector being the worst hit during the pandemic, the Government instead of giving some subsidy or financial soaps have rather punished us with bringing all hotel rooms under GST which were earlier exempted up to tariff of Rs.999. Although GST being indirect tax and its burden will fall on the customer, but the worst part of this is that it will hugely benefit the unregulated sector of hotel rooms being run in residential apartments and buildings, which are also rising day by day as we have no license under any rules thereby this sector is dangerously marching towards free-for-all sector.

Deepak Khurana – secretary of NRHA said Nagpur is a business centre thereby most of the customers are more budget centric, therefore increment of hotel tariff by 12% will make them shift to unregulated options available and thereby causing direct loss to the legal establishments.

NRHA had also dispatched memorandum to Narendra Modi – Prime Minister and Nirmala Sitharaman – Union Finance Minister with an appeal to rethink on this withdrawal of exemption on Room tariff; as this sector needs financial assistance and not a burden, we are already broken due to pandemic and another blow will finish many of us. In the larger interest of the hotel industry, this withdrawal of GST from July 18 should be withheld immediately.

0 comment
FacebookTwitterLinkedin
TLN Team

previous post
VIA-LEW organized program on Recent changes in Income Tax
next post
Olympiad Chess Tournament torch Rally from Zero Mile on July 2

You may also like

Interaction Meeting with Ms Ebtesam Alkaabi, Head of...

September 20, 2023

Promoting Peace through Literature and Music- Eminent Scholars...

September 17, 2023

Industry meet on Sept 17

September 15, 2023

Loans for Maratha entrepreneurs available through Annasaheb Patil...

September 14, 2023

WCL and Vensar ink MoU for Walani underground...

September 12, 2023

VIA LEW Session on CRM – The Golden Pot...

September 11, 2023

Badjate Stock & Shares Pvt. Ltd. leads the...

August 30, 2023

Booking of Stalls for VIALEW 26th “Udyojika – An...

August 28, 2023

Rajesh Sarda elected as new president of Steel...

August 27, 2023

Char-Choughi Expo received good response

August 23, 2023

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Trending News

  • Heavy Rain – Alert by NMC

    September 23, 2023
  • Holiday announced for schools & colleges in Nagpur district

    September 23, 2023
  • DCM Devendra Fadnavis is continuously monitoring the heavy rain situation in Nagpur.

    September 23, 2023
  • Streets, Houses Submerged After Heavy Rain In Nagpur

    September 23, 2023
  • National Cinema Day will allow viewers to watch movies for Rs99 per admission

    September 22, 2023

Important Links

  • Politics
  • Crime
  • Business
  • Education
  • Entertainment
  • Sports

Available on Playstore & Coming Soon on Appstore

Sign-Up Form

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Footer Logo
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary
  • Privacy Policy
  • Cookie Policy
  • Terms Of Use
  • Advertise with Us

© 2020 - The Live Nagpur . All Rights Reserved.