IJIREM

Impact of GST on Hotel Industry- A Study in Bhubaneswar City in Odisha

Aditya Prasad Sahoo | Dr. Yajnya Dutta Nayak

Three decades later, indirect taxation modifications took place in India on 1 July 2017. Goods and service tax is a uniform indirect tax to be applied across the country for the purpose of a "one nation – one tax." This study seeks to show the effect on the Indian hospitality industry of the goods and services tax. The Indian market is integrated with the introduction of GST and the company costs will be lowered in the foreseeable future. The hotel industry was in burden with multiple taxes on amount charged for different services. Previously, additional charges were charged for different activities in hotel industry in India. But now in GST, single tax charged with clearly stated slab rates for various services. Slab rate increases with increase in number of services charged i.e., for basic services rates are less and luxurious services are under high GST slab rate. Here we try to explain the impact of GST system on hoteliers of Bhubaneswar city. For this purpose, researcher collected samples from 15 hotels of the city. This paper is aimed at assessing the observation and experience of hotel owners after GST in interacting with consumers.

GST, Hotel, Customers, Tax, Services

Abraham, A., & Dr. Mathew, T. (2019) A Study on the Impact of Goods and Services Tax Reform on Hotels in Kerala. International Journal of Management Studies, 6(1), 54-61.
Akshay R. Rakhunde, Dr. Priti Rai. (2019) Effect of GST in Hotel Industry (Nagpur). International Journal of Scientific Research in Engineering and Management (IJSREM), 3(10), 1-7.
Aswathy Krishna & Divya. M.S, Aashish C.I (2018) A study on GST and its effect on hotel industry. IOSR Journal of Business and Management (IOSR-JBM), 4-5.
Bhat, S. a. (2018). A study on the problems of Goods and Services Tax on Hotel Industry in Mysore District. Journal of Business and Management-IOSR, 49-52.
Dr. Meenu Baliyan Punjika Rathi (2018) Impact of GST On Different Sectors of Indian Economy, International Journal of Innovative Research and Advanced Studies (IJIRAS) Volume 5 Issue 3, March 2018, ISSN: 2394-4404.
Dhanuka, Saloni. (2018, July 23). GST: Hotel Industry Lauds GST Relief but Divided on Impact. Bloomberg Quint.
Japee and Lakhani (2018) Goods and Services Tax in India: Paradigm Change in Taxation, International Journal for Research in Applied Science & Engineering Technology (IJRASET), Volume 6 Issue I, ISSN: 2321-9653.
Panwar, D & Patra, S. (2019) Impact of Goods and Services Tax on the Restaurants and Food Service Businesses in India. International Journal of Applied Business and Economic Research, 15(23), 203-213.
Patra, D. P. (2017). Impact of Goods and Services Tax on the Restaurants and Food service Businesses in India. International Journal of Applied Business and Economic Research, 203-213.
Pandey, Sony. Impact of GST on Hospitality Industry. Retrieved from https://www.hrblock.in/blog/impact-gst-hospitality-industry, October 2017.
Sonia Bharwani, David Mathews, Amarpreet Singh Ghura (2019) Business model innovation in the Indian hospitality industry: A study of the willingness to outsource specialty restaurants in luxury hotels, Worldwide Hospitality and Tourism Themes, ISSN: 1755-4217
Subha and Premkumar (2020) An Empirical Study on Impact of GST on Hotel Industry at Chennai City, Journal of Emerging Technologies an Innovative Research, Volume 7, Issue-2, Pg. 106-110.
Saeeda, F. A. (2019). GST: Impact of GST on Various Aspects of Restaurants and Hotel Business in Anand and Nadiad District. Journal of Information and Computational Science, 352-358.

[Aditya Prasad Sahoo , Dr. Yajnya Dutta Nayak (2021) Impact of GST on Hotel Industry- A Study in Bhubaneswar City in Odisha IJIRCST Vol-8 Issue-3 Page No-8-11] (ISSN 2347 - 5552). www.ijircst.org

Aditya Prasad Sahoo

PhD Research Scholar, KSOM, KIIT University, Bhubaneswar, Odisha, India, (adityasahoo007@gmail.com)