Upon the central government’sdirective, the GST Council yesterday unveiled four rate bands of 5%, 12%, 18% and 28% as part of the Goods and Services Tax or GST, which is set to be launched from July 1st.
In the process, the Entertainment Tax has uniformly been set at 28%, which has come across as a huge shocker to many regional film industries. Especially, Tollywood, which has been paying a meager 12% tax to the Andhra Pradesh and Telangana governments, will now have to shell out a whopping 28%. Naturally, this will lead to a steep hike in movie ticket prices.
Several filmmakers from Tollywood and Kollywood have already been trying to initiate talks with the think-tank at the centre and request it to reduce the Entertainment Tax.
Young hero Allu Sirish too has joined the debate and took to his Twitter account and appealed to the centre to reduce the tax and save the common man from paying exorbitant rates while buying movie tickets. Sirish a suggested that Tollywood should unite and put forward the case to the Finance Ministry.
My thoughts on Govt levying 28% tax on movie tickets. pic.twitter.com/sePgjkxFrQ
— Allu Sirish (@AlluSirish) May 20, 2017