Southern film industry opposes GST

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Saturday, Jun 03, 2017

Southern film industry opposes GST

The South Indian Film Chamber has opposed the 28 per cent GST rate proposed on the industry. Senior members of the film fraternity including South Indian Film Chamber of Commerce President Kalyan spoke to media after discussing the impact of the proposed Goods and Services Tax slabs for the film industry.

The chamber said it was wrong to place regional cinema along with national and Hollywood cinema at 28 per cent GST. Regional cinema were made on 'minuscule' budgets unlike the Bollywood and Hollywood films, it said pointing out that out of 2,100 films made in the country last year, 1,700 were in the regional languages.

'This kind of high rates of tax will kill the regional films,' the chamber said in a statement. It appealed to the centre to reduce the GST rate on entertainment tax to 18 per cent from the proposed 28 per cent, copyright sale rate from 12 per cent to five per cent and the slab for services like artistes, and technicians to 12 per cent from 18 per cent.

Asked whether the issue was taken up with the state government, Kalyan said the government had assured that the issue will be discussed during the GST Council.'Our entire life depends upon this industry. We will definitely try to take up the matter with Prime Minister (Narendra Modi),' he said.

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