The Indian hotel industry is preparing to comply with the new GST taxation law set forth by the Government of India. To streamline your billing and reservation processes, your hotel must be GST-ready.
According to the Government of India, GST is a single tax on the supply of goods and services right from the manufacturer to the consumer. GST proposes to create a single comprehensive tax structure for the whole nation that will subsume all the other smaller indirect taxes on consumption like service tax, luxury tax, vat, and so on.
|GST||Goods and Service Tax|
|SGST||State Goods and Service Tax|
|CGST||Central Goods and Service Tax|
|GSTIN||Goods and Service Tax Identification Number|
|HSN||Harmonized System of Nomenclature|
Your hotel is categorized as an immovable property, and the GST components of interest would be CGST and SGST.
We are a hotel of 320 rooms and we were using a system where we had to enter everything manually. Hotelogix streamlined our operations with the channel manager and other tools, we used to have 6 people for reservations but now 4 of them are free to work on marketing!
- Alan Arrigo,
Topaz Malta Hotel
Switching to Hotelogix’s cloud solution was an incredibly easy process and surprisingly quick. We were able to load our entire inventory and set rates within 24 hours. It was just a matter of days that our card processing was set up and ready to go
- Mark Shemel,
Owner, Think Properties, New York & Miami, USA