Tax Relief

Eating places and bars hope for tax breaks to beat the disaster | Kolkata Information

Calcutta: Affected by the pandemic, the bar and restaurant industry, one of the state’s largest job generators, is looking for some government excuses. The industry is hoping for a greener pasture starting June 16 after it was closed for nearly 45 days after the government’s easing announcement, Mamata Banerjee.
According to data from the Hotel and Restaurant Association of Eastern India (HRAEI), the Kolkata bar and restaurant industry alone has lost Rs 4,000 billion – Rs 4,500 billion since the pandemic began in April 2020. It employs over 80,000 people in the greater Kolkata area alone.
HRAEI President Sudesh Poddar told TOI that it is very difficult for the industry to survive without government support. HRAEI member and owner of restaurants like Peter Cat and Mocambo, Nitin Kothari, also agreed. A few other restaurant owners like Pradip Rozario, the owner of KK’s Fusion, Mio Amore, saw it that way too.
According to Poddar, some sops like the easing of the excise license for a few months, the property tax easing and some easing of the state electricity tax would be of great help to the industry. He pointed out that there are a total of around 8,000 restaurants and bars in the greater Kolkata area. “The total industry turnover would be no less than 8,000 billion rupees per year. In the last 15 months from April 20th, only 4-5 months have been good for our industry. So the loss was huge considering that home delivery and takeout are no more than 10-15% of normal business for most restaurants, ”he added.
Kothari said he has lost more than 50% of his sales in the past 15 months. “Yes, it takes some relief to stay afloat. We are dealing with perishable goods. We can’t resell groceries after a certain amount of time, so losing one day is a loss to us, ”he added.
Anjan Chatterjee, founder and chairman of specialty restaurants with brands like mainland China, Oh! Calcutta, Haka, Asia Kitchen think customer return would be slower this time than the first wave due to the higher death rate. “It wasn’t until September 20 to March 21 that there was an upturn. In the past 16 months we’ve lost 70% of the business. The effect was enormous. Most of the restaurants in shopping malls are in poor shape, ”he added.
Debaditya Chaudhury, director of Chowman, Oudh and Chapter 2, also added that the business loss was more than 50%, although for him home delivery was relatively better than others. “The recovery will take a year,” he added. Rozario agreed with Chatterjee, saying that shopping mall restaurants have suffered the most. “Many restaurants are about to close due to high rents,” he added. Kabir Azhar, director of Aminia, one of the city’s leading biryani chains, also said it would take some time for the industry to fully recover.

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