Film & Television Producers Guild Of India On GST On Ticket Rates

Statement by the Film and Television Producers Guild on the revision in GST on cinema tickets

Siddharth Roy Kapur, President, Film and Television Producers Guild of India

“The Indian film industry appreciates the move by the Hon’ble Finance Minister and the GST Council to consider the legitimate concerns of the industry, by revising the GST slab from 28 per cent to 18 per cent on cinema tickets priced below Rs 100. We continue to believe that the Indian film sector deserves to be taxed at a much lower rate than this, to encourage further investment, employment and growth, which in turn will only lead to higher tax revenues for the government and a more vibrant cultural outreach from India to the rest of the world. We would also urge local bodies across all states to avoid imposing additional entertainment taxes at a local level, as unfortunately the film industry continues to be one of the only sectors that even under a ‘One Country, One Tax” GST regime, will still be subject to double taxation.”

Issued by the Film & Television Producers Guild of India Limited 

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Mr. Kabaadi11.61Lk1.61Lk
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