Duvvada Jagannadham is first movie to face the impact of GST

Vastvam web: Allu Arjun-starrer ‘Duvvada Jagannadham’ is the first biggie to face the impact of GST.GST Council imposed 18% tax on Movie Tickets costing Rs 100 or less. Exhibitors are in a dilemma whether to hike ticket prices or not just because charging more than Rs 100 per ticket will attract additional 10% of tax.The current rates were applicable till June 30th. Tax on ‘DJ’ Movie Tickets will be as per existing rates for the first 8 Days.Around 80% of the revenue comes in the first 10 days of its theatrical run.