Mauritius exempts event planners from 15 pc VAT as per new act

MTPA promotes MICE to global visitors
2023-11-24
/
/ New Delhi
Mauritius
Mauritius exempts event planners from 15 pc VAT as per new act

Under the new scheme, an event organisers (local or foreign) may apply with the Economic Development Board (EDB) for exemption of VAT

Mauritius has exempted event planners from across the world from paying 15 pc Value a Added Tax to tap into the potential meetings, conferences, incentives and exhibitions (MICE) market.
Rate this post

In an attempt to tap into the lucrative MICE market, Mauritius is now an even more attractive destination for event planners from India to host their business meetings, conferences or weddings. 

According to Mauritius Tourism Promotion Authority (MTPA), Mauritius has exempted event planners from across the world from paying 15 pc Value Added Tax (VAT) on their hotel room charges through their stay in the country for any of these events.

The statement adds that Finance (Miscellaneous Provisions) Act 2023 has introduced the MICE VAT Exemption Scheme, which replaces the MICE VAT Refund Scheme. 

Under the new scheme, an event organisers (local or foreign) may apply with the Economic Development Board (EDB) for exemption of VAT in respect of accommodation costs incurred during an event held in Mauritius subject to these terms and conditions that the event (business meeting, conference, or wedding) should be attended by 50 or more visitors from abroad and visitors stay for a minimum of 3 nights in a hotel in Mauritius.

Arvind Bundhun

Arvind Bundhun

“With the implementation of this scheme, we hope Mauritius becomes the preferred destination for event planners across India to celebrate both their professional and personal milestones against the stunning Mauritian backdrop!” says Arvind Bundhun, Director, MTPA.

The statement adds that event organisers are required to register the specific event at least four weeks before the date of the event. Post registration, they should submit the application for VAT exemption to the Economic Development Board at least two weeks before the event date on the EDB website.

You may also like
Indian visitors about 30 pc of all tourists at Sopa Lodges
Cordelia aspires to promote cruise culture in India through stylish and luxurious experiences
Cordelia Cruises to add two more ships, raising capacity by 4,000
44 pc rise in Indian visitors to South Korea in 2024
Türkiye’s status as one of the world’s top five most visited destinations
Türkiye registers 21 pc rise in Indian arrivals

Leave a Reply

Get Magazine