What celebrities think about GST?

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After the implementation of GST, there are major changes occurred in different sectors of business. One of the major sector that has been affected due to changes in tax structure is Indian film industry. Many big celebrities have reacted to GST on their way.

Here is the list of some celebrities who spoke about GST

Siddharth Roy Kapoor:- The chairman of the Film and Television Producers Guild of India, said that the government has deemed a “real threat” to the film industry for putting cinema tickets under the 28% tax bracket in the tax system of new industries and services. Kapoor said that this decision for the film industry is “a big failure”, which is already struggling with problems like theft and new investment in the cinema screen.

Kapoor said that in the current tax structure, the cinema exhibition area was exempted from tax and state value-added Tax, and only entertainment tax was imposed on a cinema ticket. The filmmaker said in an official statement, “The average entertainment tax was collected by the government at the national level in all the states and languages, there was a limit of 8% to 10% of gross box office revenue.” “Therefore, logically, the GST rate should not exceed 12%.”

Kapoor said that there was “lack of interest and support from the government” in the Indian film industry. “It is very disappointing that the government is not getting bigger contributions

Shah Rukh Khan:- Bollywood superstar Shahrukh Khan said that Goods and Services Tax (GST) on the film industry will be beneficial for consumers, who have been running for a long time and it has been said that will help a common tax business too. Shahrukh told reporters while promoting his film, Harry Mate Sejal. In the past, it was different for different states. In some states it was more, in some, it was less. So it is used all over the country. I think it’s a great thing that we do the same thing. This will help in business for a long time. We will settle it in the next few years, “said Shahrukh.
The GST Council has decided to construct two slab structure for cinema tickets, which will reduce the cost of people below Rs 100 to 18 percent, while the top will get 28 percent tax.

 salman-khan-reacted-on-GSTSalman Khan:- Salman Khan expressed his opinion on the goods and services tax (GST) at an event in Mumbai. Under the cinema, about the government’s decision to declare 28 percent tax slab under GST, the 51-year-old actor said, “Whatever the government has done, they must have done it with proper planning.”

 

 

Kamal Hassan:- Kamal Hassan said that if GST rate is not less than half of the entertainment industry, then it will be called “forced to leave cinema”. He said that regional films, Hollywood films and Hindi films cannot be used in the same slab and film tickets cannot be fixed as an essential service. 62-year-old actor-filmmaker said that he welcomes a country for GST and taxes, but 28 percent will ruin regional cinema. Urging Finance Minister Arun Jaitley to cut the GST rate by 12-15 percent, he tweeted, “There is no pressure. It is a petition and it is in our FM from regional cinema, we fear it will fall.

 

Anil Ambani:- Industrialist Anil Ambani announced the goods and services tax (GST) as India’s “economic freedom” and said that this country will be the largest independent and democratic market in the history of mankind.
He said, “But there is only one way to describe the correct promise: there is no other piece of GST reform or outcome, although GST is important for our freedom of economic imagination, it is our economic freedom.”
Ambani said that there are moments in a moment of a country when history is not done in small steps of development, but in the huge leap of ambition. The Chairman of the Reliance Group said that there are several ways to calculate the benefits of GST and there are several ways to calculate its costs.

Arun Jaitley:- Explaining that GST is the most important tax reform since independence, he said that it is easy to do business and is promoting new investment and contributes to overall GDP growth. “GST will help in removing the effect of taxation and relieving the common man, thereby reducing the price, especially the lack of necessary consumer goods”.

 

Rahul Gandhi:- Demonetisation and GST have ruined the economy, they have alleged. He said, “Once broke once again, Modiji ruined the economy but he did not stop there. He proceeded with GST, who has removed small businessmen and industries from the track”.

 

Mamta Banerjee:- “Great selfish tax (GST) has completely failed in dealing with #GST to annoy people, eliminate jobs, hurt the business, eliminate the economy.”
The Bengal Chief Minister said that the ban on notes last year was “a disaster” and on Wednesday, November 8th, a protest was made in the first anniversary of the announcement of Prime Minister Narendra Modi, blackmailing his profile pictures. To prohibit high-value notes.

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