‘This isn’t East India Company’: Kamal Haasan says GST will hurt regional cinema
Kamal Haasan is opposed to 28% GST stating that it will ruin regional cinema. He appealed for the tax rate to be brought down to 12-15%.regional movies Updated: Jun 05, 2017 17:01 IST
Actor-filmmaker Kamal Haasan on Friday opposed the 28% GST rate on the industry, pointing out that it will ruin regional cinema if not revised. In a statement from the Southern Film Chamber of Commerce, it read that the entire regional film industry is aghast at the rate of 27% GST imposed upon Indian film industry. It is extremely painful to note that our industry has been tagged along with sinful industries like gambling, horse racing. This kind of high rates of tax will kill regional cinema.
While talking to the press on Friday, Haasan said, “Regional cinema is the strength of Indian cinema. This diversity is the reason why this country is strong. That diversity has to be maintained. You cannot pressurize that. Regional cinema has been the pride of India.” He further appealed that the tax rate be brought down to 12-15% from 28%, while welcoming One India, One Tax regime which was recently announced. He added that he is a prompt tax payer but at this rate he will be forced to quit. “We should remember that this is not East India Company,” Haasan said.
Haasan further added cinema is a creative art in making a movie by employing director, artistes, music director, art director and several other crafts. “The government of India has placed 18% GST on the creative art, when such being the case, we do not understand why we have been placed at the highest slab of 28%, although we feel we are very much within the creative work of 18%.”
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First Published: Jun 03, 2017 09:22 IST