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How will Bengali cinema survive with 28% GST rate, asks producer

Posted By: Doraiah Vundavally May 20, 2017

How will Bengali cinema survive with 28% GST rate, asks producerKolkata, May 20 (IANS) The decision to put cinema tickets under the 28 per cent tax bracket in the Goods and Services Tax (GST) regime has raised questions over the survivability of Bengali films.

"28% GST on movie ticket is shocker. 14 times more than the current rate for bengali films. How will industry survive!!??," tweeted producer Mahendra Soni, co-founder of Shree Venkatesh Films, which has at least 100 movies to its credit including National Award winners "Chokher Bali" (late Rituparno Ghosh) and "Memories in March".

Soni's views were endorsed by filmmakers Srijit Mukherji and Kaushik Ganguly in retweets.

 

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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How will Bengali cinema survive with 28% GST rate, asks producer

About VDC

Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.