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FNB News – Ahead of GST Council Meet, FHRAI submits representation to FM for hospitality sector

Ahead of the GST Council meeting scheduled on May 28, 2021, India’s apex Hospitality Association – Federation of Hotel and Restaurant Associations of India (FHRAI) has submitted a representation to Finance Minister Nirmala Sitharaman requesting the Council to include impactful policy measures required to help the hospitality industry in its survival efforts.

The FHRAI has stated that India’s Tourism and Hospitality sectors have incurred the largest collateral damage of the Covid-19 pandemic and every small or big step to revive the sector will be crucial in the long-term health of both the sector and the country’s economy. Lockdown curbs in various States and cities have impacted hospitality business enormously. Even at the beginning of 2021, the revenue of the industry was below 20 per cent of pre-pandemic levels and March onwards, the revenue has crossed not even 5 per cent.
 
Gurbaxish Singh Kohli, vice president, FHRAI, said, “We are requesting for the threshold limit for…

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