Superstar Mahesh Babu’s AMB Cinemas was served notices by GST Commissionerate under anti-profiteering law. From January 1st this year, the GST on Ticket prices has come down from 28% to 18%. But AMB Cinemas has not transferred the Benefit to the audience and is accused of pocketing the difference.
AMB Cinemas was instructed by GST Rangareddy anti-evasion teams to pack up the pocketed 35 Lakhs for the month of January. However, the spokesperson of AMB Cinemas claims to have got no notice and they say there is no Tax Evasion whatsoever from their side. Previously, Mahesh Babu also got notices for Service Tax Evasion and had to pay up.