Rolling out on Jul 1, 2017, GST is an indirect tax applicable on the sale, transfer, barter, purchase, lease, or Import of Goods and Services while replacing all the former applicable taxes. While some are happy with this upcoming change and some are frowning over the excess duty, GST is payable online through gstindiaonline.com and applies to even creative fraternity including visual arts, performing arts, literature.
Artists who were exempted from paying VAT on their services will bear 12% on all of their artworks. Content writers who were previously paying 15% service tax will now be charged with an 18% GST, the basic exemption limit for them is Rs. 20 Lakh.
Entertainment Tax is completely abolished and now a GST is applicable as follows.
18% : Circus, Indian Classical Dance including Folk Dance, Theatre, Drama
28% : Cinema, Movie Festivals, Amusement Parks, Sporting Events like IPL, Casinos
Food Consumption at these events will attract 18% GST.
Effectively, if compared with previous VAT and Entertainment Tax regime, GST amount is lesses. To the end user this should not have any impact.
For various reasons everyone has got GST on their mind, and our cover page is evident of it.
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Yatra Archives
159 year old library in Ahmedabad
Himanshu Nainani
May 25, 2016
Lal Darwaja, the biggest hub for hawkers and patrons, where people flock as if everything is been sold free of cost. It can also be named as the commercial capital of Ahmedabad because it was historically one of the first…
Fernandes Bridge : a unique book market of Ahmedabad !
Himanshu Nainani
Jun 24, 2016
Fernandes Bridge, the street is connecting readers with writers, students with publishers and curios beings with answers since decades. The Chopda Bazaar of Fernandes Bridge is one of the oldest Book Market in Ahmedabad Gujarat that serves thousands of people flocking…
One of the oldest library of Ahmedabad – A discovery
Jaimin Rathod
Apr 11, 2016
The oldest library of Ahmedabad, Hazrat Pir Mohammad Shah Library, is blessed with quietness of the mosque that surrounds it. Ahmedabad has internationally carved its identity on the globe through the numerous mosques dotted across the city. The air confined…
Gandhi’s first Ashram in Ahmedabad
Shefali Ahir
Feb 16, 2016
There’s an interesting story behind Ashram Road of Ahmedabad getting its name. It is said that Ashram road is the road that connects the two ashrams of Mahatma Gandhi, Kochrab Ashram and Sabarmati Ashram. While Sabarmati Ashram is more popular nowadays,…