Twitter
Advertisement

Mahesh Babu's AMB Cinemas and other multiplexes in trouble for flouting norms

Mahesh Babu was also recently in soup for having allegedly avoided paying taxes to the tune of Rs 18.5 lakh

Latest News
article-main
FacebookTwitterWhatsappLinkedin

An announcement that a revision was to be made on the GST levied on movie tickets came out in December 2018 from the Central government. However, it turns out very few national multiplexes enforced the revisions accordingly from January 1.

GST anti-evasion team found several multiplexes including Mahesh Babu’s AMB Cinemas to have flouted the norms. Notices have been sent to them for not having reduced the ticket prices.

Interestingly, for Mahesh Babu, it was only recently that he was in soup for having allegedly avoided paying taxes to the tune of Rs 18.5 lakh. However,  the actor cleared the air with his legal team even sending a notice to the GST Commissioner.

And now, his multiplex has again brought him into focus because of flouting norms. Apparently, his team has been sent a notice for having violated the anti-profiteering clause in the CGST act while being to deposit the entire amount that was illegally earned to the consumer welfare fund.

While the ticket prices will be revised from February 22, Mahesh Babu surely must not be happy about being pulled into a tax related issue just a little while after he managed to solve the previous instance.

Find your daily dose of news & explainers in your WhatsApp. Stay updated, Stay informed-  Follow DNA on WhatsApp.
Advertisement

Live tv

Advertisement
Advertisement