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Live updates - South cinema will go in for a complete shut down on March 1st. |
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Live updates - South cinema will go in for a complete shut down on March 1st.
Confirmed! South cinema will face complete shutdown from March 1st
South cinema will go in for a complete shut down on March 1st. Last year, with the advent of GST, the industry faced double taxation owing to additional entertainment tax. the theatres back then had shut down for three days, incurring severe losses. “The LBET by Chennai Corporation leads to double taxation, on an industry which is already reeling under the impact of high tax rates and high rates of piracy. It could as well sound the death knell of the Tamil film industry. It also goes against the ‘one nation one tax’ policy and makes the very purpose of GST redundant.”stated a spokesperson back then. |