Unexpected Thunderstorm Over Theaters..!?

Sowmiya Sriram
Unexpected Thunderstorm Over Theaters..!?

Invasion of OTTs. Theaters are in a situation where they are empty due to high prices. It is known that at such a time unexpected lightning strikes the theatres. It is known that there is a lot of public opposition to charging high prices for food and drinks in movie theatres. If you go to a multiplex, a family spends up to Rs.3000-4000 just for coke-pop corn, you have to understand the situation. But it is known that an attempt is being made to worsen this situation. The GST Fitment Committee has proposed further hikes in food and beverage prices in cinema halls. The committee proposed to levy an additional 5 percent GST on food and beverages in cinema halls across the country. Cine analysts are analyzing that this will add an additional burden on the already struggling theatrical market.
If the prices are already inflated, it will be difficult to go to the cinema halls. Exceeding the ticket prices are high prices of food and beverages. The middle class has complained many times over this.
Now this additional tax will become fuel for the fire. But the fitment committee's proposal to levy a 28 percent tax on online gaming - horse racing - casinos is a no-brainer. A final decision will be taken in the committee meeting on the 11th of this month. It remains to be seen how moviegoers will react to the decision to levy additional GST on food and beverages in cinema halls.
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