Thursday, June 29, 2017

New Indian Tax



From 1 July 2017 India will have a new tax.  The Goods and Services Tax (GST) is a country wide tax on all goods and services – similar to VAT (but there are three bands – depending on the cost of the item).  Currently the individual states all set their own taxes – so GST will bring the whole country under one unified system.  Accommodation in hotels, guesthouses, houseboats, homestays etc will be subject to GST and all bookings taken from 1 July will include this tax. 

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