GST Council meet: Monitors, TV Screens & movie tickets get cheaper
Updated:6 years, 10 months ago
New Delhi, Dec 22 (ANI): Union Finance Minister Arun Jaitley after the 31st GST Council meeting informed that tax on monitors, TV Screens and movie tickets have been brought under 18% slab from 28% slab. 18% GST will now be levied in movie tickets above 100 and 12% in tickets below Rs 100. The reduction in tax was done keeping in mind the mass entertainment perspective of movies in cinemas. Several other items including Tyres, Power banks of Lithium-ion batteries have been brought down in the 18% slab. Accessories for carriages for specially-abled persons have been brought down to 5%.
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