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IMPPA urges FM to abolish GST on films
Updated On: 25 November, 2021 11:00 AM IST | Mumbai | Agencies
The association, in its letter, requested Sitharaman to consider “the pain and agony” the industry is going through due to “extreme taxation and also GST being levied at 18 per cent”
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Nirmala Sitharaman
The Indian Motion Picture Producers’ Association (IMPPA) wrote a letter to Finance Minister Nirmala Sitharaman, requesting her to abolish or “substantially reduce” GST on the film and entertainment industry to help revive the sector amid the pandemic.
The association, in its letter, requested Sitharaman to consider “the pain and agony” the industry is going through due to “extreme taxation and also GST being levied at 18 per cent”. The IMPPA claimed that the goods and services tax is levied at an extremely high rate, especially when this is an industry where the government makes “no investment” but “takes away the lion’s share in the income generated”.
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