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Abstract

Tourism is one of the main pillars of Indian exchequer. India which turns into GST phase after July 1, 2017 has some changes in tourism industry in India. The introduction of GST caused some alteration in hotel industry as well as transportation industry which are essential tourism infrastructure. Prior to GST, there exists many forms of indirect taxes such as VAT (Value Added Tax), luxury tax, entertainment tax, excise duty, service tax, customs duty and central state tax. GST subsumed all these existed indirect taxes and reduced the burden of cascading effect of tax on common man as well as tourist also. ‘One nation, one tax’ has standardized the tax rates and procedures allover India. This brings transparency in taxation. ITC (Input Tax Credit) is another attraction of GST which prompt the entrepreneurs for adopting the new system.

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