TAMIL NADU Cinemas Will Remain Shutdown From Monday Against Excessive Tax

July 3rd, 2017 | by eBangla Bureau
TAMIL NADU Cinemas Will Remain Shutdown From Monday Against Excessive Tax
Entertainment
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IN Tamil Nadu, close to 1,000 cinema houses have cancelled screenings against the imposition of 30 per cent local body tax plus additional tariffs under the Goods and Service Tax (GST).”Though the Tamil Nadu Film Exhibitors’ Association decided on Friday to cancel shows from July 3, many theatres shut down yesterday itself,” association’s President Abirami Ramanathan said told media persons in Chennai.Ramanathan, who is also chief of the Tamil Film Chamber of Commerce, said theatres were shut due to “our inability to pay (taxes) and our move is not against the government.” On Friday, the Tamil Nadu Film Chamber of Commerce announced an indefinite shutdown of theatres across the southern State from July 3 due to lack of clarity on the tax amount that will be levied after the Goods and Service Tax. An additional levy of about 8 per cent under GST over 30 per cent local body tax had pushed the total taxes to over 60 per cent.

“The local body tax of 30 per cent is in addition to the GST tax rate of 28 per cent (for tickets over Rs 100) and 18 per cent (for tickets priced less than Rs 100),” he said. An additional levy of about 8 per cent under GST and over 30 per cent local body tax had pushed the total taxes to over 60 per cent. He urged the government to withdraw the local body tax of 30 per cent saying such a move would automatically take away the additional levy of 8 per cent under GST. Meanwhile, Tamil Nadu film fraternity with all the South Indian industries have come on a common platform to submit a collective representation to the Central Government requesting it put the regional cinema in the ‘least slab’. President of Tamil Nadu’s Film Producers Council, Vishal said “Of course, there will be adverse effects on  every industry, not only film industry, but all sectors of business, especially regional cinema, which is fixed in the highest slab 28 percent.””It is going to make a big impact and we have given our representation. In fact, all South Indian industries have together sent a collective representation to the central government asking them to put regional cinema in the least slab because one crore film and a 1,000 cr Hollywood film is in the same tax slab, so that is definitely going to affect the regional cinema,” Vishal added. They have requested the Centre and the Finance Minister to put the regional cinema in the least slab, non regional films in the next slab and the foreign language films in the highest slab, so that it does not affect the viewership.

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