WebDec 22, 2024 · The GST comes down to 18% from 28% for tickets exceeding ₹100 and has been lowered to 12% from 18% for those up to ₹100. The decision comes close on the … WebDec 24, 2024 · The government on Saturday reduced the GST rate on cinema tickets costing over Rs 100 to 18% from 28%. For the cheaper tickets, the rate has been reduced to 12% from 18%. Multiplex players …
Media and Reduction of GST rates on cinema tickets …
WebDec 25, 2024 · The minimum rate is Rs 100 plus GST in multiplexes, it said in orders issued recently. The maximum ticket rate is Rs 150 plus GST in AC theatres, Rs 70 plus GST in non-AC theatres, Rs... Pre-GST: GST: Sale of Movie tickets: No VAT or Service Tax State specific Entertainment tax ranging from 15% to 110% (average of 30%) Sale of Movie tickets: Where price of tickets is Rs.100 or less : 18% GST Where price of tickets is more than Rs.100 : 28% GST See more Time of supply of services is the earliest of the following: 1. Date of issue of invoice 2. Date of receipt of advance/payment. 3. Date of provision of … See more Place of Supply of Goods 1. In case of sale of food & food products in a movie hall, the place of supply is the movie hall itself. Place of Supply for Services 1. Place of supply of … See more In case of reverse charge, the time of supply for service receiver is the earliest of the following: 1. Date of payment (For services only) 2. 30 … See more Impact Since, Entertainment tax is subsumed under GST now, Overall tax burden on consumers is set to reduce where Entertainment … See more impossible to get arsenal tickets
What is the present GST rate on movie tickets in India? - Merakhata
WebGST on movie tickets costing up to ₹ 100 has been cut to 12 per cent, from 18 per cent. Also tickets over ₹ 100 will attract 18 per cent GST, against 28 per cent earlier. WebMay 19, 2024 · Jaitley on Friday said, “Cinema halls are currently paying a service tax of 15 per cent plus a state entertainment tax that ranges from 28 per cent to about 100 per … WebDec 22, 2024 · * GST rate on cinema tickets above Rs. 100 shall be reduced from 28% to 18% and on cinema tickets upto Rs. 100 from 18% to 12%. * GST rate on third party insurance premium of goods carrying vehicles shall be reduced from 18% to 12% litfield place