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TN to cut entertainment tax by two per cent

IANS  |  Chennai 

The has decided to reduce the local entertainment by two per cent to eight per cent after talks with the movie industry, a Tamil Film Producers Council official said on Friday.

Speaking to reporters here the official, Vishal, said the decision on reduction follows a meeting of Chief Minister K. Palaniswami with Tamil movie industry representatives.

The rate announced earlier was 10 per cent, which was in addition to the 28 per cent Goods and Services (GST).

However the 20 per cent on non-Tamil movies would continue.

Following opposition to the entertainment tax, theatres in did not release any new movie.

According to Vishal, theatres will not charge more for the tickets than fixed by the and they would also sell eatables and other items only at the printed maximum retail price.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, October 13 2017. 19:12 IST
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