Breaking: Tamil Nadu theatre ticket prices to be hiked from July

May 19, 2017, Chennai

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Chennai, May 19:  The Goods and Services Tax Council headed by Union Finance Minister Arun Jaitley finalised the tax rates for 1,211 items on Thursday. A majority of commodities were kept at 18 percent while some at 28%. Watching movies at multiplex or eating out at air-conditioned restaurants is likely to attract a higher tax slab compared to common services.


 

Accordint to Behindwoods report Tamil Nadu theatre ticket prices will be hiked to Rs 153.20 from July 1st. Audience will have to pay Rs120 + 28% GST. Adding the tax amount with 120, it adds up to Rs 153.20. So from July 1st the ticket price in all miltiplexes will be charged around Rs 150.