Hyderabad: Mahesh Babu’s multiplex faces GST heat, told to pay up Rs 35 lakh

Hyderabad | Tuesday | 19th February, 2019

Summary:

The figure of Rs 35 lakh is inflated, the actual figure would be around Rs 20 to 25 lakh. In case of theatres where a court order did not mention that the price included GST, the theatres have reduced total ticket price after a warning from GST officials. But in case of court orders stating that the price fixed by the court is including GST, the theatres have not reduced the ticket price. AMB Cinemas did not reduce the ticket price despite GST on movie tickets brought down from 28% to 18% on tickets priced Rs 100 and above. Upon inspection by GST Hyderabad officials, it was found that many theatres had not reduced the price,” said a source from the GST Commissionerate.“AMB Cinemas reduced the prices after almost a month (since Centre’s notification) in February..