Tuesday, 4 July 2017

T Rajendar protest against GST at Chennai | GST Tamil Nadu in protest against tax additional to GST


T Rajendar protest against GST at Chennai | GST Tamil Nadu in protest against tax additional to GST
T Rajendar protest against GST at Chennai | GST Tamil Nadu in protest against tax additional to GST
Around 1,100 cinema halls and multiplexes across Tamil Nadu stopped screening films on Monday with distributors and theatre owners going on an indefinite strike against an additional 30% tax over and above the newly implemented GST.
As the goods and services tax (GST), India’s biggest tax reform, was launched on July 1, the state government slipped in a 30% corporation tax on ticket sales.
“We are against the corporation tax which is 30%. This is in addition to the GST rates. We are not against the GST. We welcome it,” Tamil Nadu Theatre Owners and Distributors Association president Abhirami Ramanathan said.
The GST replaces more than a dozen central and local levies, unifying India into a common market. It subsumed entertainment tax as well, so the Tamil Nadu government rechristened it as corporation tax, asking cinema owners to pay up.
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