![\"www.carajput.com;](\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2017\/07\/images-2.jpg\")
<\/a>Good news for foodies: GST ushers hotels, restaurants to slash rates by 5-10 percent<\/strong><\/h2>\nEating out is going to get cheaper as hotels and restaurants in Pune have decided to reduce the price of food items by 5-10 percent; the prices had recently gone up after the Goods and Services Tax (GST<\/a>)<\/a> came into effect. Recently, the GST commissionerate held a meeting with Pune-based hoteliers and urged them to reduce their base prices as their input costs have reduced.<\/p>\nBoth AC and non-AC hotels and restaurants in Pune had started charging more from July 1, in view of the 12 and 18 percent GST slabs applicable to them. Restaurant and hotel bills had increased as hoteliers had started to charge GST<\/a> on their existing rates.<\/p>\nGanesh Shetty, president of the Pune Hotelier\u2019s Association, had said that, unlike other industries, the hospitality industry did not have the option to offset their taxes based on inputs. \u201cAgricultural inputs do not attract GST so we thought that we could not avail the benefit of the tax offset,\u201d he said.<\/p>\n
Rajlakshmi Kadam, deputy commissioner of GST<\/a>, Pune Zone, said, \u201cDuring a recent meeting, hoteliers were asked to pass on the benefits they would be getting in view of the reduction in the prices of inputs\u201d. She said that following multiple meetings with hoteliers, the latter have started offering a discount on their existing menu card.<\/p>\nShetty said the hoteliers have decided to offer between 5-10 per cent discount after their meeting with GST officials, as well as Union minister Prakash Javadekar.<\/p>\n
\u201cSoon after GST<\/a> came into effect, there was a lot of confusion about the tax. We had multiple discussions and have decided to provide the discount in anticipation of the reduction in input costs,\u201d he said.<\/p>\nAround 70 per cent of the restaurants have already printed new menu cards, with the reduced prices, while the rest are in the process of doing so.<\/p>\n
K N Shetty, manager of Hotel Roopali, said they have reduced their prices and are charging GST on the new price. \u201cPost July 1, we were charging GST<\/a> on the original prices and that had created some unpleasantness with the customers. Now, we have reduced the base prices and are charging GST on them,\u201d he said.<\/p>\nWe look forward for your valuable comment www.carajput.com<\/p>\n
FOR FURTHER QUERIES CONTACT US:<\/p>\n
W:\u00a0www.carajput.com<\/a>\u00a0\u00a0\u00a0E: singh@carajput.com<\/a>\u00a0T: 011-233-4-3333, 9-555-555-480<\/p>\nPopular Blog:<\/p>\n
What is core Business Activity GST<\/a><\/em><\/strong><\/p>\n
Both AC and non-AC hotels and restaurants in Pune had started charging more from July 1, in view of the 12 and 18 percent GST slabs applicable to them. Restaurant and hotel bills had increased as hoteliers had started to charge GST<\/a> on their existing rates.<\/p>\n Ganesh Shetty, president of the Pune Hotelier\u2019s Association, had said that, unlike other industries, the hospitality industry did not have the option to offset their taxes based on inputs. \u201cAgricultural inputs do not attract GST so we thought that we could not avail the benefit of the tax offset,\u201d he said.<\/p>\n Rajlakshmi Kadam, deputy commissioner of GST<\/a>, Pune Zone, said, \u201cDuring a recent meeting, hoteliers were asked to pass on the benefits they would be getting in view of the reduction in the prices of inputs\u201d. She said that following multiple meetings with hoteliers, the latter have started offering a discount on their existing menu card.<\/p>\n Shetty said the hoteliers have decided to offer between 5-10 per cent discount after their meeting with GST officials, as well as Union minister Prakash Javadekar.<\/p>\n \u201cSoon after GST<\/a> came into effect, there was a lot of confusion about the tax. We had multiple discussions and have decided to provide the discount in anticipation of the reduction in input costs,\u201d he said.<\/p>\n Around 70 per cent of the restaurants have already printed new menu cards, with the reduced prices, while the rest are in the process of doing so.<\/p>\n K N Shetty, manager of Hotel Roopali, said they have reduced their prices and are charging GST on the new price. \u201cPost July 1, we were charging GST<\/a> on the original prices and that had created some unpleasantness with the customers. Now, we have reduced the base prices and are charging GST on them,\u201d he said.<\/p>\n We look forward for your valuable comment www.carajput.com<\/p>\n FOR FURTHER QUERIES CONTACT US:<\/p>\n W:\u00a0www.carajput.com<\/a>\u00a0\u00a0\u00a0E: singh@carajput.com<\/a>\u00a0T: 011-233-4-3333, 9-555-555-480<\/p>\n Popular Blog:<\/p>\n What is core Business Activity GST<\/a><\/em><\/strong><\/p>\n