Pooja Patel's Expert Tip on Saving Up to 50% GST on Weddings

Planning a wedding can be an exciting but expensive affair, especially when taxes come into play. Pooja Patel, a digital influencer known for sharing finance-related tips, reveals how you can save up to 50% on GST for your big day. By strategically booking your services, you can significantly cut down on costs. Want to know how? Keep reading!

The GST Breakdown for Weddings

Weddings often come with high costs, and GST adds a considerable amount to the final bill. Typically, GST on wedding venues is set at 18%, while catering services come with a lower 5% GST. Pooja Patel explains that the key to saving on these taxes lies in how you book these services.

Save by Combining Venue and Catering Services

Here's the trick: If you club the venue and catering services, you'll only be required to pay 5% GST on the entire package. This is a huge advantage for couples looking to save on their wedding expenses. By combining these two services, you significantly reduce the GST burden, making your wedding more affordable.

Avoid Booking All Services from a Single Vendor

While combining venue and catering is a great way to save, Pooja advises against booking all other wedding elements—like decorators, videographers, and photographers—under the same vendor. If you do, the entire package, including the venue and catering, will be subject to 18% GST. The smart move is to keep these services separate to avoid the higher tax rate.

Separate Billing for More Savings

To make the most of this tip, Pooja suggests separate billing for different services. By keeping the venue and catering under one vendor and booking the rest—like decorations and photography—separately, you'll only be liable for the 5% GST on venue and catering, while the rest will have their respective charges. This small adjustment in how you organize your bookings can lead to significant savings.

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Pooja Patel's finance tip is a game-changer for anyone planning a wedding. By strategically booking your venue and catering services together, and keeping other services separate, you can save up to 50% on GST. This is an excellent way to make your wedding more affordable without compromising on the celebration.