B’town celebs, directors find some relief as the Goods and Services Tax (GST) on cinema tickets was slashed by the Government of India.
The decision was announced in the 31st meeting of the GST Council which took place in New Delhi on Saturday.
ALSO READ: Your Cinema tickets to cost less, GST Council reduces rates
The GST on cinema tickets priced above Rs 100 has been reduced from 28 percent to 18 percent and the GST on cinema tickets priced below Rs 100 has been slashed from 18 percent to 12 percent.
The film industry welcome the good news and this is how the celebs are reacting to the news on tweeter:
The voice of the film industry was finally heard and immediate action taken, thanks to @narendramodi ji.
For movie tickets priced below Rs. 100 the tax has been reduced from 18% to 12% now and for tickets priced above Rs. 100 the tax has been reduced from 28% to 18% now.
— Ajay Devgn (@ajaydevgn) December 22, 2018
And hey, did you know…. there’s been a revision of the GST slab on Cinema Ticket price !!!
12% for ticket rate below 100
18% for ticket rate above 100It’s a great move on the part of the government!!! #AskSimmba 👌🏾👌🏾👌🏾
— Ranveer Singh (@RanveerOfficial) December 22, 2018
Heartfelt thank you to Honorable PM & the Govt of India for considering the request of the film industry for reduction in GST. If Indian cinema hopes to compete in the world market then we need the support of the Govt & Administration.
This is a great 1st step in that direction.— Aamir Khan (@aamir_khan) December 22, 2018
Reduction in GST on cinema tickets: Producers Guild of India welcomes the decision pic.twitter.com/ytA76Y6hOB
— taran adarsh (@taran_adarsh) December 22, 2018
Superb news for #IndianFilmIndustry. Cinema tickets upto Rs. 100 which were under 18% GST slab is brought down to 12% slab. Tickets above Rs. 100 were under the 28% slab. These tickets will now be under 18% slab. Thank you PM @narendramodi & officials for this great decision.🙏😊
— Anupam Kher (@AnupamPKher) December 22, 2018
Quick action and how! Within a few days of our meeting with hon. Prime Minister @narendramodi ji, the Government addressed our concern…GST for movie tickets to be reduced. A welcome move for the industry and audiences as well.
— Akshay Kumar (@akshaykumar) December 22, 2018
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