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Taxes On Entertainment Services Set To Come Down After GST Rollout
GST Council has put tax rate on movie ticket in 28% slab Service providers to be eligible for full input tax credit Currently, such service providers aren't eligible for input credits
23 May 2017, 07:48 PM IST 
GST Council has put the tax rate on movie ticket at the highest slab of 28%.
New Delhi: Lower taxes will prevail in the entertainment sector in the Goods and Services Tax (GST) regime as service providers will be eligible for full input tax credit, Finance Ministry said on Tuesday.
"Entertainment services shall suffer a lower tax incidence under GST. In addition to the benefit of lower headline rates of GST, the service providers shall be eligible for full input tax credits (ITC) of GST paid in respect of in...
