https://www.taxtmi.com/highlights?id=92295 The amusement park industry seeks revision of the current 18% GST on entry tickets to 5%, arguing the rate disproportionately burdens middle and lower middle-income visitors, restricts affordability, and undermines anticipated benefits from a newly adopted two-rate GST structure. The industry contends a reduced rate would align with recent GST cuts for budget hotel rooms, stimulate domestic tourism, increase park attendance, generate employment, and enable reinvestment in safety and infrastructure. The sector formally urges the GST Council to reconsider classification and rate treatment to advance consumer affordability and broader economic and social objectives. en-us Sat, 06 Sep 2025 08:34:01 +0530 Sat, 06 Sep 2025 08:34:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=92295 The amusement park industry seeks revision of the current 18% GST on entry tickets to 5%, arguing the rate disproportionately burdens middle and lower middle-income visitors, restricts affordability, and undermines anticipated benefits from a newly adopted two-rate GST structure. The industry contends a reduced rate would align with recent GST cuts for budget hotel rooms, stimulate domestic tourism, increase park attendance, generate employment, and enable reinvestment in safety and infrastructure. The sector formally urges the GST Council to reconsider classification and rate treatment to advance consumer affordability and broader economic and social objectives. Highlights GST Sat, 06 Sep 2025 08:34:01 +0530 https://www.taxtmi.com/highlights?id=92295