Satya­jit Kot­wal

Micetalk - - Policy -

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.

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