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Thursday, July 6, 2017

Tamil Nadu Theatre Owners Call Off Strike Over 30% Local Body Tax Thursday July 06,2017

 Theatre owners in Tamil Nadu have called off their indefinite strike over a 30 per cent municipal tax on movie tickets introduced after the Goods and Services Tax (GST) was launched at midnight last Friday. 

Movie shows will resume this evening.

The strike has been called off as the Tamil Nadu government has agreed to set up a committee to study the issue.

More than a 1,000 cinemas in the state have been shut since Monday July 03,2017 to protest against the hike in taxes - they say that the state tax of 30 per cent on tickets on top of the new national tax GST of 28 percent will deter cinema-goers and encourage piracy.

GST of 18 per cent is applicable on tickets priced below Rs. 100 and 28 per cent for those above Rs. 100.

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