'Decision to place 28% GST rate on cinema halls discouraging'

The government's decision to put cinema exhibition industry in the highest tax slab of 28 per cent under GST regime along with luxury items will affect quality of contents and growth of multiplex industry, said PVR Chairman and MD Ajay Bijli.

Terming the decision as "unfortunate" and "discouraging" Bijli said that he was expecting a lesser tax slab for the industry of around 12 per cent or 18 per cent and will make representation before the authorities to lower it.

"We are clubbed with the highest category, which the government wants to discourage like luxury goods and casinos etc. Cinema is the basic form of entertainment for masses of this country," Bijli told

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)