Posted On: 21 JUL 2018 8:41 PM by PIB Delhi

Its a happy news for Tourism Industry. The GST Council in its 28th meeting held here today (21st July 2018) under the Chairmanship of Shri Piyush Goyal , Union Minister for Railways , Coal , Finance & Corporate Affairs took following critical industry friendly decision.

Hospitality industry has been given major relief by providing that the rate of tax on accommodation service shall be based on transaction value instead of declared tariff.

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