Wednesday, 12 December, 2018

Chennai multiplexes strike against double taxation in Tamil Nadu

The members of Multiplexes Association of India decided to shut shop of multiplexes in Chennai including the PVR and INOX against the double taxation for a second day on Wednesday. File There will not be new releases from October 6th
Freda Brock | 04 October, 2017, 15:27

The Tamil Nadu Film Producers Council (TFPC) headed by Vishal on Wednesday decided not to release films any longer until further notice.

In a statement issued, it read, "Tamil Film Producers are already facing loss in the trade due to various issues like piracy and GST". Unfortunately, 10 per cent tax has been levied without regulating the ticket prices.

Asher said, "The withdrawal will ensure the survival of the film industry and will support an environment of safe, secure and wholesome entertainment option for the people of Chennai". If not, we will shut down the theatres. They said the local body tax puts a strain on their finances as they are already paying 28 per cent Goods and Services Tax on films. This comes after the Multiplex Association of India announced a strike against the local body tax levied by Chennai Corporation. In a statement, the council which represents Tamil film distributors and other businesses linked to entertainment, said the authorities' move to make them pay an additional 10 per cent local body tax has come as a "shock" to the industry.

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Multiplexes in the city went on strike since yesterday as people visit multiplex mainly to watch non-Tamil films and their business was badly hit. These included five multiplexes and 27 screens belonging to the two largest players in the industry - PVR and INOX.

Deepak Asher, President of the Multiplex Association of India, said, "We most humbly appeal to the Honorable Chief Minister of Tamil Nadu, Edappadi K Palaniswami and the Commissioner of Greater Chennai Corporation D Karthigeyan to kindly consider our request favorably and withdraw the LBET levied on the film exhibition industry in Chennai immediately".

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