Tag: Hotels and restaurants

MUMBAI: Hotel associations mainly comprising the Hotels and RestaurantsAssociation Western India (HRAWI) and the Association of Hotel and Restaurant Owners (AHAR), representing the hospitality industry in Maharashtra, have raised a strong objection to the proposed increase in Value Added Tax (VAT) on alcohol consumption in restaurants from November 1 and want it to be rolled back immediately.The decision, which would elevate VAT to 10%, from the earlier 5%, not only discriminated against the restaurant industry but also lacked consultation with industry stakeholders and consideration of its potential repercussions,...