CM Devendra Fadnavis promised to request the government to lower new entertainment tax under the GST Act after meeting with Pahlaj Nihalani, studio heads and IFTPC, reports Mumbai Mirror.
3 June will mark the day when Finance Minister Mr Arun Jaitley chairs the 15th Meeting of the GST Council which will finalise the rates of tax and cess to be levied on the commodities.
28% GST tax will be levied on movie tickets, which several senior members of Bollywood feel would be detrimental for the industry's future. Censor Chief Pahlaj Nihalani took the industry's sentiment to the Maharashtra CM Mr Devendra Fadnavis. Nihalani and Mr Fadnavis met at Varsha close to midnight.
Dharma Productions' CEO Apoorva Mehta, Tips head honcho Ramesh Taurani, producers Babloo Pachisia and Vijay Galani and FOX Star Studios' CEO Vijay Singh also joined in.
Confirming this, Nihalani said, "We asked for the meeting only at 9 pm yesterday and we were asked to come immediately. It is great that someone as busy as Mr Fadnavis could meet us at such a short notice."
What exactly transpired? Said Nihalani, "We told Mr Fadnavis that the proposed 28 per cent GST would burden the industry no end. He has promised to look into the matter. We are hopeful that he will oblige."
Published Date: Jun 03, 2017 06:39 pm | Updated Date: Jun 03, 2017 06:39 pm