Published Paper Details:

The implementation of the Goods and Services Tax has resulted in significant changes to the tax code, compliance requirements, and rates for several industries, including the restaurant and hotel industries. The regulations and rates of GST for restaurants and hotel businesses have undergone numerous changes since the tax's implementation on July 1st, 2017. Before the introduction of the Goods and Services Tax (GST), hotels and restaurants were subject to many indirect taxes. The VAT rate for hotel rooms was around 12% to 14.5% and additionally liable to pay a service charge of 15%. However, for restaurant business service tax rate was 6% and apart from that 12% to 14.5% VAT was levied. At the initial stage of the introduction of GST, the tax rates for restaurant and hotel business were quite high but with time various amendments have been made regarding tax rates and provisions regarding input tax credit and tariff-based GST rates for hotel rooms. This primary data-based study tries to measure the perception of hotel and restaurant owners regarding the impact of Goods and Services Tax on various areas such as taxation, owners and customers of hotels and restaurants, Accounting procedures, and the whole economy from the viewpoint of restaurant and hotel owners in Ahmedabad.