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Authors

Dr. Mani Jindal

Dr. Anju Bala

Abstract

The tourism and hospitality industries are growing and developing sectors in India. In the previous regime, these industries are plagued by three taxes as service tax, luxury tax and VAT. VAT and Luxury tax was levied by States and Service tax by the Center government. To overcome this taxation burden, the Central Government has decided to make one tax policy i.e. Goods and Services Tax (GST). It is a biggest tax reform since 1947 in Indian Tax System on the supply of goods and services. The main purpose of GST is to compile all different taxes and levied a uniform and standardized tax rates which helps in growth and better utilization of inputs. This paper is through light on thegrowth and development by implementation of GST on tourism and hospitality industries in India. It has analyzed the positive impact on economy and overseas tourists who are more attracted than before.There is a boom in tourism and hospitality industries which contributes to growth and development in Indian economy.

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