GST on Arts & Theatre

gst-goods-and-services-tax, impact on Art's Segment

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.

Yatra Archives

https://creativeyatra.com/wp-content/uploads/2016/09/01-.jpg His Pictures Tell Your Story : a Heart to Heart talk with photographer Vivek Desai

If photographers today wish to cover an age-old festival popular in a remote village, all they need to do is google for details. Date, place, time, schedule, it’s all listed on the well-designed website. Camera bag and lens in order,…

https://creativeyatra.com/wp-content/uploads/2017/01/IMG_2008.jpg 37th Saptak Annual Music Festival peaks during the weekend!

Day 7 ends with audience saying ‘Wah Ustad’ The seventh day of the music festival featured three concerts namely a violin recital by Vidushi Kala Ramanathan, Gundecha brothers presented drupad music and a Santoor recital by Shri. Rahul Sharma accompanied by…

https://creativeyatra.com/wp-content/uploads/2016/08/the-sleep-comes-like-a-drug-1000-x-555-px-psd.jpg Sleep Comes Like A Drug : Fab Fables #5

It was July. This time, the monsoon was heavy and the moisture-laden air had dampened everything. But for the streak of yellow light originating from the street lamp, the room was dark.   He got up again with his toe…

https://creativeyatra.com/wp-content/uploads/2016/08/astoma-sadgamaya2.jpg પ્રાર્થના / prayer (અસત્યો માંહેથી પ્રભુ! પરમ સત્યે તું લઈ જા)

Prayer by Nahnalal અસત્યો માંહેથી પ્રભુ! પરમ સત્યે તું લ‍ઈ જા, ઊંડા અંધારેથી, પ્રભુ! પરમ તેજે તું લઈ જા; મહામૃત્યુમાંથી, અમૃત સમીપે નાથ લ‍ઈ જા. તું-હીણો હું છું તો, તુજ દરસનાં દાન દ‍ઈ જા. પિતા! પેલો આઘે, જગત વીંટાતો સાગર…