Usually, everyone wants to watch movies in a Multiplex. But only a few can see! This is because the prices of movie tickets are unbearable. However, there is now a chance to reduce multiplex rates. This is because prime minister Narendra Modi has announced that there will be changes in the GST. After that, the Center hopes to modify the tax rates by simplifying the GST law. At the same time, the Multiplex Association of india has put several demands for tax relief. Multiplex administrators have appealed to the government to rationalize GST rates on tickets. A presentation has been given to reduce the GST rate to 5 % on the ticket rate of up to Rs 300.
However, they have paid the Rs. 100 slab. Kamal Jian Chandani, president of the Multiplex Association of india, recently said that it is recommended to increase to 300. Rs. 5 % GST for ticket prices up to 300 and Rs. He said that 18 per cent GST should be applied to the prices of over 300. If this comes into effect, audiences can benefit. If the rate is reduced, it is a matter of middlemen audiences.
However, if the Multiplex Association can convince the government, it will be a wonderful act. This is because it is possible to increase the crowd in theaters. Currently, the film tickets are taxed at Rs. 12 % GST applies if less than 100. We have to wait and see when the rates will fall.
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