Aamir Khan, Ajay Devgn thank PM Modi and govt for reducing GST on cinema tickets

Bollywood, as an industry has always felt that they are somehow soft targets. Whether it is about ticket prices, stalling a release or even banning a film, Hindi film industry invariably suffers through all of it. Now, in happy and cheerful news for the industry, union government headed by PM Narendra Modi has decided to reduce the Goods and Services Tax (GST) on cinema prices.

According to a report in Business Today, Finance Minister Arun Jaitley headed the 31st meeting of GST council. Cinema tickets up to Rs 100 which had a GST of 18 per cent has been brought down to 12 per cent.

The movie tickets which had a GST of 28 per cent has been brought down to 18 percent. Third party vehicle insurance has also been reduced to 12 per cent from 18 per cent.

This news was welcomed by the film industry and they took to Twitter to congratulate PM Modi and his govt for taking this step.

Check out the tweets:

Heartfelt thank you to Honorable PM & the Govt of India for considering the request of the film industry for reduction in GST. If Indian cinema hopes to compete in the world market then we need the support of the Govt & Administration.
This is a great 1st step in that direction.

— Aamir Khan (@aamir_khan) December 22, 2018

Quick action and how! Within a few days of our meeting with hon. Prime Minister @narendramodi ji, the Government addressed our concern…GST for movie tickets to be reduced. A welcome move for the industry and audiences as well.

— Akshay Kumar (@akshaykumar) December 22, 2018

The voice of the film industry was finally heard and immediate action taken, thanks to @narendramodi ji.

For movie tickets priced below Rs. 100 the tax has been reduced from 18% to 12% now and for tickets priced above Rs. 100 the tax has been reduced from 28% to 18% now.

— Ajay Devgn (@ajaydevgn) December 22, 2018

Would like to thank our Prime Minister @narendramodi for the swift action on the GST rate on movie tickets….Great news at the year end! Thank you sir for your proactivity and support….. https://t.co/QEn303lBti

— Karan Johar (@karanjohar) December 22, 2018

A BIG THANK YOU
@narendramodi @arunjaitley @Dev_Fadnavis
For such a swift action on our appeal
For
Reducing GST rates on Cinema in Two slabs – 12% and 18% for ticket price less than rs 100 n 100+

??Happy days are here again
for
INDIAN FILM INDUSTRY @MuktaA2Cinemas
?

— Subhash Ghai (@SubhashGhai1) December 22, 2018

Thank you so much Shri. @narendramodi ji for your immediate action of reduction in GST on cinema tickets.. #financeministry pic.twitter.com/fzyXkQaEbW

— Ritesh Sidhwani (@ritesh_sid) December 22, 2018

Superb news for #IndianFilmIndustry. Cinema tickets upto Rs. 100 which were under 18% GST slab is brought down to 12% slab. Tickets above Rs. 100 were under the 28% slab. These tickets will now be under 18% slab. Thank you PM @narendramodi & officials for this great decision.??

— Anupam Kher (@AnupamPKher) December 22, 2018

Signifcant decision #GSTCouncilMeet Good news for both cinema goers and #IndianFilmIndustry Movie tickets upto Rs. 100 which had 18% GST now brought down to 12% and the ones in the 28% slab will now be in 18% slab .Thank you PM @narendramodi for hearing us out last week .

— Prasoon Joshi (@prasoonjoshi_) December 22, 2018

Welcoming the news from #GSTCouncilMeet about the change in GST rate for our entertainment industry! Thank you @narendramodi ji & the cabinet for this consideration.

— BhushanKumar (@itsBhushanKumar) December 22, 2018

Earlier, this week the delegation from Bollywood met PM Modi in Delhi to discuss issues regarding the industry.

Also Read: “Why there were no women in this room?”: Dia Mirza on Bollywood Delegation meet with PM Modi

Dhaval Mehta

I am crazy and obsessed with politics, sports and entertainment. A journalist, who is not afraid to give his opinion and believes in calling spade a spade. I like to think on my feet and come up with original, fresh and out of the box ideas.
Email: editor@bollywoodbubble.com Phone: +91 8355910465