top button
Flag Notify
    Connect to us
      Facebook Login
      Site Registration Why to Join

Facebook Login
Site Registration

What does it mean for a movie to be tax-free?

+2 votes
170 views
What does it mean for a movie to be tax-free?
posted Dec 25, 2016 by Abu Anam

Share this question
Facebook Share Button Twitter Share Button Google+ Share Button LinkedIn Share Button Multiple Social Share Button

1 Answer

+1 vote

If a movie is declared tax free it means the state has waived off the entertainment tax. Entertainment tax is similar to vat or service tax. And it is levied by state governments. The movie halls/producers collect the tax from movie goers and pay it government.

answer Dec 26, 2016 by Amit Kumar Pandey
Similar Questions
+2 votes

Do I need to register for VAT or ST or any other Tax when I register a Pvt Ltd company in Bangalore or India?
or
Do I need to register for whenever there is net income 1 crore or more?
or
I don't need to register for any tax, but just pay whenever there is 1 crore net income tax limit.

+2 votes

Question based on change in company registration and tax liability in 2012-13.

Contact Us
+91 9880187415
sales@queryhome.net
support@queryhome.net
#280, 3rd floor, 5th Main
6th Sector, HSR Layout
Bangalore-560102
Karnataka INDIA.
QUERY HOME
...