INTRODUCTION

Before moving towards GST first we should understand what is tax. Tac are mandatory contributions
levied on individuals or corporations by a government entity—whether local, regional, or national.
Tax revenues finance government activities, including public works and services such as roads and
schools, or programs such as Social Security and Medicare.

Taxes are mainly of two types direct and indirect. We are going to understand the concept of GST
which comes under indirect taxation system. GST goods and service tax is replaced by all the indirect
taxes in India which was passed in parliament in 29 March 2017 and came into effect 1st July 2017

History or journey of GST in India -GST was first adopted in French in 1954 since then estimate of 160
countries has adopted GST we are the journey of GST in India was begin in 2000 and committee was
set up to drop the law. And finally it took 17 year to evolve it was passed in lok sabha and rajya sabha
on first July.

Need of GST

GST has removed multiple taxation and West cascading effect previous region was complicated to
understand by consumers where GST is easy to calculate in understand which also saves the times of
consumers.

Types of GST

Priority of Tax Transactions

Types of GST Authority which is benefitted Who is it collected by?
Credit use

CGST Central Government CGST IGST Central Government Within a single st

SGST State Government SGST IGST State Government Within a single st

Central Government and State Between two dif

IGST IGST CGST SGST Central Government
Government Territory, i.e. inte

Union Territory (UT) Union Territory (UT)

UTGST/UGST UTGST IGST Within a single U
Government Government

In India GST rate for various goods and services is divided into force lapse they are 5% GST 12% GST
18% GST and 28% GST

In our research we are going to discover the impact of GST on various Hotels in India. And to analyse
the effect of GST on hotel and consumers as well as the management system of the hotel charge GST
on food bills.
Objectives of our study are

*The present study on GST focuses on the service sector particularly the hotel industry.

To analyze and find out the GST impact on customers.

• To analyze the rate of taxes by comparing Indian hotel management with foreign hotel management

• To study the need for GST in India.

*To understand the concept of GST and their rates

Limitation of the study

1.The time period provided is not sufficient to took all the factors in one flame

2. Not available of accurate data

3. impact of GST on hotels is a wider concept to understand Because of limitation of information

some assumptions were made

4. There is difficulty and taking all the factors by comparing the Indian hotels with foreign hotel
Because of different tax rates and other relatable factors.