A cost burden’: Hotel body flags cuts in GST rates, calls for ITC restoration

As the Ministry of Tourism marked World Tourism Day with a big event in New Delhi on Saturday, the Federation of Hotel & Restaurant Associations of India (FHRAI) addressed a gathering to draw attention to policy changes required to help the hospitality sector, especially in the wake of recent Goods and Service Tax (GST) rate changes. Jaiswal highlighted that 90 per cent of India’s hotels opera…