General Manager The Resort Madh Marve
Post GST roll out, the major impact that emerged was that MICE activities and other events held in hotels outside of home state were not eligible for Input Tax Credit (ITC). This has been leading to cancellations and postponements for pre booked events. There is an overall reduction in MICE bookings across hotels in India as compared to the same period last year. Most companies are considering holding events in the same state where they are registered under GST. The non-receipt of ITC for business undertakings holding MICE in states other than the ones they operate in is the biggest drawback of GST for hospitality.