‘Latest GST reforms expected to create a generally positive environment’

Sharing her views on the revised GST, Arshdeep Anand, VP, ATOAI, says, “The latest GST reforms are expected to create a generally positive environment, particularly with FMCG prices likely to soften, bringing down operational overheads across industries. For adventure tourism, the impact is not direct since GST continues to be levied at 5% on packages and 18% on standalone activities. However, the sector may gain indirectly. Lower GST on fuel-related inputs and logistics & changes in GST on vehicles, may translate into more affordable transportation, while reduced FMCG and supply chain costs can ease expenses for hotels, camps, and homestays catering to travellers. Adventure operators could also see marginal savings on other consumables. Together, these factors may help reduce ancillary costs and make travel experiences more affordable, which has the potential to stimulate demand.”