Look for­ward to amend­ment in GST tax slabs

Best Bes Cus­tomised Tour Op­er­a­tor–Your Travel Sec­re­tary

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Many ta taxes have been sub­sumed un­der GST and a sin sin­gle tax sys­tem will bring d down the over­all cost, and even­tu­ally, this ben­e­fit will be passed on to con­sum con­sumers, be­lieves Mayank Gr Grover, Manag­ing Di­rec­tor, Your Travel Sec­re­tary. You He elab elab­o­rates that con­fer­ences and events are go­ing to be ben­e­fit the most by GST. Pack Pack­age and ho­tel rates have low­ered for travel agen­cies but with two op­tions to avail credit. He says, “So it is more of a busi­ness de­ci­sion on how to move fur­ther with this. How­ever, the cas­cad­ing ef­fect of the ta tax still ex­ists as there is no credit avail­able on lower rate and in­volve­ment of mul­ti­ple agents in a given pack­age in­creases cost.” Grover fur­ther adds, “We are in touch with leadin lead­ing as­so­ci­a­tions of our in­dus­try, and work­ing with them on how cur­rent rules in GST can be mod­i­fied fur­ther in ben­e­fit of ev­ery­one. Govern­ment of In­dia is open to re­ceive sug sug­ges­tions and opin­ions from the lead­ing play­ers of the in­dus­try and they as­sured us tha that some amend­ments will be done in the com­ing time.”

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