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Kerala Hotel Owners Protest 18% GST on Rented Buildings, Warn of Industry Crisis

  • Hotel and restaurant owners in Kerala protesting 18% GST on rented buildings
  • Concerns raised about additional financial burden on hotel owners
  • Difficulty in meeting reimbursement of GST amount through input tax credit
  • Discrepancy in GST rates for hotel owners compared to other sectors
  • Closure of around 3,000 hotels in the last three months due to financial crises
  • Impact of price increase of essential commodities and rise in import duty on edible oils
  • Plans for agitation including Raj Bhavan march on November 7 and protest meetings before GST offices on November 12.

Source: x.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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