‘GST will make India uncompetitive as a MICE destination’

The recent announcement of the Goods and Services Tax slab is predicted to reduce chances of the Indian MICE market as a destination globally.  Neeraj Govil, Area Vice President-South Asia, Marriott International, says, “We are complying with the GST. Most of our big hotels are under 28 per cent space and the rest are under 18 per cent space. We haven’t had any adverse impact at this point of GST but I think it will make international MICE all the way more difficult to get because India will become uncompetitive as a destination with our GST at 28 per cent. While other destinations like Singapore, Bangkok, Hong Kong and Dubai have significantly lower GST rate.”