GST revised on cinema from 28 to 18 per cent

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Tuesday, Jun 13, 2017

GST revised on cinema from 28 to 18 per cent

The much-awaited Goods and Services Tax which will come into force on 1 July has been revised by the Union Government, a key decision taken after the 16th GST Council meet concluded on Sunday.Especially, film industry has been vocal about the initial proposal of 28 per cent tax of the GST.

While Bollywood was convinced with it, the regional film industries have been raising voice with the high-tax structure levied on the film tickets stating that it would be a death knell to regional and small-films.

Kamal Haasan has openly opposed and stated that he would quit films if it's not revised. The Centre has considered the woes of the film industry and announced two-bracket tax structure for cinema tickets.

According to the latest revision, the cinema tickets below Rs 100 will be charged a GST tax of 18 per cent while cinema tickets above Rs 100 will be charged a GST tax of 28 per cent.

With this, the cinema tickets of single screens below Rs 100 will be charged at Rs 18 whereas the cinema tickets of multiplexes (above Rs 100) would have a tax at 28 per cent.

Tags: gst revised on cinema from 28 to 18 per cent, Kamal, Vishal.


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