Single GST rate on cinema exhibition, plead multiplexes

Close to 75% of the 8,500-9,000 screens in India are single ones i.e. 6,000 to 6,500

The goods and services tax (GST) cut for movie tickets below Rs 100 by the GST Council on Sunday has come as a breather for largely single-screen operators. From 28 per cent, this rate was reduced to 18 per cent.

Close to 75 per cent of the 8,500-9,000 screens in India are single ones i.e. 6,000 to 6,500.

Multiplex operators are disappointed. The revenue from tickets priced above Rs 100 is higher than that from tickets below Rs 100. While PVR and Inox Leisure, two of the country's leading multiplex operators, drive six to seven per cent of