GST Anti Evasion Notice To Mahesh Babu

Actor Mahesh Babu started his multiplex AMB Cinemas few months back and it is in news once again for GST Anti evasion. The central government made an amendment of revising GST on movie tickets from 28% to 18% worth over Rs 100, 18% to 12% to where ticket price is below Rs.100.

Mahesh Babu AMB Cinemas Launch Photos
Mahesh Babu AMB Cinemas Launch Photos

Many multiplexes have not changed the ticket prices and after detailed print media coverage on multiplexes by a leading news paper, a notice to the theaters including AMB Cinemas was given for violating the anti-profiteering clause in the CGST act and directed them to deposit a huge amount to the consumer welfare fund.

Meanwhile, AMB cinemas have decided to revise the ticket rates from February 22 onwards to comply with the rules, and the maximum ticket price has been reduced to Rs 200.

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