https://www.taxtmi.com/news?id=18064 GST subsumes State entertainment levies except those by Panchayats/Municipalities and applies differentiated rates to cinema admissions, cable/DTH and live performance access, with limited exemptions; service providers become eligible for full Input Tax Credit on GST paid, whereas earlier VAT and import duty components were not creditable, making GST a value added tax compared with prior turnover style entertainment levies. en-us Tue, 23 May 2017 11:36:34 +0530 Tue, 23 May 2017 11:36:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=18064 GST subsumes State entertainment levies except those by Panchayats/Municipalities and applies differentiated rates to cinema admissions, cable/DTH and live performance access, with limited exemptions; service providers become eligible for full Input Tax Credit on GST paid, whereas earlier VAT and import duty components were not creditable, making GST a value added tax compared with prior turnover style entertainment levies. News - Tue, 23 May 2017 11:36:34 +0530 https://www.taxtmi.com/news?id=18064