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.
May 25, 2016
Creative Yatra explores a little known library right in the middle of the hustle and bustle of Bhadra Plaza, called ‘Himabhai Institute’. Lal Darwaja, the biggest hub for hawkers and patrons, where people flock as if everything is been sold…
Jun 24, 2016
The street Fernandes Bridge connects readers with writers, students with publishers and curious beings with the age-old answers they’re looking for. The Chopda Bazaar of Fernandes Bridge is one of the oldest Book Markets in Ahmedabad that serves thousands of people…
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…
Nov 21, 2017
The nip in the air for a change was low and expectations were relatively high on the ground open to the sky at the young theatre writer-director Chintan Pandya’s residence for ‘a unique experience’ in the ‘environmental theatre’ format he…