Implementation process of the Goods and Services Tax

The newly applied law for implementing GST from the Tourism related activities pose questions of possibilities and perception of negative influence which may drive tourism to a plunge are the possible question which many of us put to questions.



Business in Maldives are runs freely with few vulnerabilities, specially the mega industry Tourism is the focus of our business. The impact of tourism on the GDP has been massive and it had shown in downturn such as the Gulf War, Swine Flue, September 11 and the Global final Crises. Most of the causes has been seized only the Global final crises remain still a risk as in countries which caused a high level threat has caused on the people a fear which still remain immanent over the periods.

Therefore those constant demand for the Maldives has plunged as the consumers perception has changed and the price of per room per night has plunged over the years despite the economic or vulnerable situations. The impacts is not going to cease easily as its already have had its side effects.

Maldives was been labeled as a high end destination due to its prestige lonely island resorts, with panoramic views of infinity and the lovely beaches and the dazzling blue lagoons and the crystal clear water. Which will still not be the same if you travel around the world twice or thrice.

A destined dream, but how this all could come true , for the loved holidays makers to boost their confidence on their deeply routed reality. We still care to come to Maldives , but its hard to make choice as at same it would effect our life after!

The destination has to find a mean to be competitive among its lovers, new markets plunging but the existing markets need to revitalized by means. The new GST has pored in other burden on the consumer, yet it has a figure. The tourism industry need to stand back without an increase its price as to recover from the proceedings and adjust so that consumer believed to gain confidence in due years to come.

The Government has put up this proposal so the economic prosperity of the industry is calculated in real-time, so the profit and loss is equally shared among. This will enhance equality and will tend to proper with business means and markets need to calculate its vulnerability and the importance of the consumer who has already experience the thrill.