Bollywood

Odisha Govt Waives State GST On Vikrant Massey-Starrer Inspirational Movie ’12th Fail’

By
OB Bureau

Bhubaneswar: The Odisha government has announced state GST waiver on the movie ‘12th Fail’ to encourage more people to watch it.

The film, directed by Vidhu Vinod Chopra, is based on a real-life inspirational story of Manoj Sharma, a boy from Chambal and how the 2005-batch Maharashtra cadre IPS officer becomes an honest cop.

“In order to promote such a movie for greater interest, Government is pleased to provide tax benefit to the above Hindi film to encourage the public to watch it in cinema theatres/multiplexes in the state,” a Finance Department order of Odisha government stated.

The film stars Vikrant Massey in the lead role.

The state government order directed:

* Cinema theatres/multiplexes shall neither increase the amount of entry fee nor shall make any change In the capacity of seats of different classes.
* Registered tax payers (theatres/multiplexes) shall not charge and collect SGST from the customers and the tickets shall be sold at a price reducing the amount of State GST.
* The tickets sold for entry to exhibition of Hindi cinema ’12th Fail’ during the period of this order shall bear prominently the words, :State GST not collected by the orders of the Government of Odlsha”.
* Registered tax payers (theatres/multiplexes) shall file returns and deposit State GST on the entry fee, though not charged and collected from the customers, from their own resources, in a similar manner as being deposited for other cinemas.
* The State GST collected prior to the date of effect of this order or collected after the prescribed period, shall not be reimbursed.
* The amount of SGST so paid in terms of para (d) above, shall be claimed as reimbursement by filing an application to the jurisdictional Circle Head (Joint/Deputy/Assistant Commissioner of CT&GST) as per the detail guidelines to be issued by Finance Department.
* The Proper Officer (Junsd1ct1onal Circle Head) through the territorial Range Head shall make recommendation to the Chief Commissioner/Commissioner of Commercial Taxes & GST (Odisha), Cuttack for certification of the amount eligible for reimbursement.
* Industries Department on receipt of the report certifying the amount for reimbursement from the Chief Commissioner/Commissioner of Commercial Taxes
& GST, Odisha, in respect of each registered tax payers (theatres/multiplexes), shall arrange for disbursement.
I. The amount so reimbursable shall be debited to the Head of Account 2885 (Other outlay on lndustnes and Minerals) -01 (Industrial Financial lnstitutions) -101 (Assistance to Industrial Financial institutions) -2331 (Subsidies to Medium and Large Industries – 43032 (Subsidy In shape of Financial Assistance against VAT/GST reimbursement In large sector).
* If any difficulty arises in the implementation of this order, the Government may issue such instructions as may be necessary or expedient for removing such difficulty.
* This order shall come into effect from the date of issue of this Order and shall remain in force upto 31st March, 2024.

 

OB Bureau

Recent Posts

Newborn Girl Found Abandoned Near Bush In Odisha’s Mayurbhanj

Baripada: A newborn girl was found lying near a bush at Bhanra village under Karanjia…

November 8, 2024

Shah Rukh Khan Bagged ‘Baazigar’ After Salman Khan Rejected It

Mumbai: Salman Khan and Shah Rukh Khan, the leading superstars of Bollywood, came from different…

November 8, 2024

Dhanush & Nithya Menen Starrer ‘Idli Kadai’ To Release On This Date

Mumbai: Actor-filmmaker Dhanush took to his X handle on Friday to announce the release date…

November 8, 2024

National Hockey: Another Big Win Takes Odisha Closer To Knockout Stage

Chennai: Odisha all but booked a berth in the knockout stage of the 14th Hockey…

November 8, 2024

Traffic Restrictions For Panchaka, Badaosa At Dhabaleswar Temple In Odisha’s Cuttack; Check Details

Cuttack: Several traffic restrictions have been imposed to ensure smooth movement of devotees to Dhabaleswar…

November 8, 2024

Late Sidhu Moose Wala’s Brother Is A Carbon Copy Of Him

Mumbai: Sidhu Moose Wala's parents Balkaur Singh and Charan Kaur shared a picture of their…

November 8, 2024

Unique Protest: No Dating, No Sex, No Babies With Men Who Voted For Donald Trump

New York: A group of American women has launched an unprecedented protest against men who…

November 8, 2024

4 More Handicrafts Granted Official Approval In Odisha; Total Number Now 55

Bhubaneswar: Four more handicrafts were granted approval by the Odisha government, taking the total number…

November 8, 2024