The Government of Maharashtra on January 29, 2024, issued a circular regarding reimbursement of SGST applicable on tickets to movies
The following has been stated: -
•The Government of Maharashtra issued Government Resolutions (GR) regarding reimbursement, to the registered theatres, of the component of State Goods and Services Tax (SGST) prominently indicated in the ticket which was issued for the supply of service by way of admission to the exhibition of movies "Super 30", "Mission Mangal", "Panipat" and "Tanhaji: The Unsung Warrior" for the specified periods
•On an examination of the same, it is felt that the procedure prescribed through the master Trade Circular needs some modification. Hence, in the exercise of powers conferred by section 168 of the Maharashtra Goods and Services Tax Act, 2017, lays down the procedure for submission and processing of refund applications in supersession of earlier Trade Circular No. 1 T of 2020.
•It is made clear that this is a revised master circular that shall be applicable to all such GRs, if any, whenever they are issued by the Government of Maharashtra.
•Registered theatre after indicating COST and SGST in the price of the ticket shall reduce the ticket price by the amount equal to SGST in order to pass on the benefit to the consumer.
•"Registered theatre" means theatre registered under the MOST Act. Registered theatre shall prominently indicate the component of SGST, COST, and amount of discount on account of reimbursement to be claimed from the Government of Maharashtra in the ticket price of a movie.
•Mechanism for refund of SGST component paid by registered theatres has been laid down in the document attached below.
•This Trade Circular is clarificatory in nature. Difficulty if any, in the implementation of this Circular, may be brought to the notice of the office of the Commissioner of State Tax, Maharashtra.
The detailed circular is given in the document attached below.
[Trade Circular No. 01T of 2024.]
