Central Government has given a boon to Film Industry by decreasing GST percentage on Movie Tickets. All India Film Industry has expressed its satisfaction in this reduction and expressed its gratitude. Earlier tickets exceeding Rs.100 was charged with 28% GST is now reduced to 18% ( a decrease of 10%) and tickets costing less than Rs.100 was costing 18% as GST is now reduced to 12% ( reduction of 6%).
On this eve Producers, Gild India (PGI) Chairman Siddharth Rai Kapoor stated that reduction of GST on movie tickets is a very good sign for Film Industries. This will encourage producers to come forward in the making of many movies. Central Government decision will encourage movie makers in enhancing amenities.