GST cut set to reduce movie ticket prices

The finance ministry’s decision of reduction in Goods and Services Tax (GST) on cinema tickets has made viewers hopeful of a slash in ticket prices. On Saturday, the GST rates on cinema tickets costing up to Rs 100 was brought down to 12% from the existing 18%, while the tickets above Rs 100 would now have 18% GST payable against 28% earlier.

from http://bit.ly/2SwZv0E
via IFTTT