State-fixed Cinema ticket caps do not absolve it of liability for not passing on GST rate reduction benefits to consumers

State-fixed Cinema ticket caps do not absolve it of liability for not passing on GST rate reduction benefits to consumers https://www.taxtmi.com/article/detailed?id=15693 The Tribunal concluded that Section 171's commensurate reduction obligation requires cinema exhibitors to pass GST rate cuts to consumers; state-fixed maximum fares do not excuse non compliance, maintenance charges form part of taxable value, quantified profiteering may be returned or deposited with interest under Rule 133, and interest provisions were treated prospectively based on express effective dates. en-us Sat, 03 Jan 2026 11:12:55 +0530 Sat, 03 Jan 2026 11:12:55 +0530 TaxTMI RSS Generator State-fixed Cinema ticket caps do not absolve it of liability for not passing on GST rate reduction benefits to consumers https://www.taxtmi.com/article/detailed?id=15693 The Tribunal concluded that Section 171's commensurate reduction obligation requires cinema exhibitors to pass GST rate cuts to consumers; state-fixed maximum fares do not excuse non compliance, maintenance charges form part of taxable value, quantified profiteering may be returned or deposited with interest under Rule 133, and interest provisions were treated prospectively based on express effective dates. Articles Goods and Services Tax - GST Sat, 03 Jan 2026 11:12:55 +0530 https://www.taxtmi.com/article/detailed?id=15693