Hyderabad: IT Minister K T Rama Rao promised to lead a delegation and meet the Union Finance Minister, Arun Jaitley on the concerns of the Telugu film industry on Goods and Services Tax (GST).
Speaking on the sidelines of Telugu film ‘Kaadhali’ audio release here on Tuesday, Rao said the GST has detrimental impact on the regional film industry and assured to take up the issue with the Jaitley and other officials at the centre.
Talking about the tax regime, Rao said, “Our (Telugu Film) industry has set a benchmark at the world level. I feel really proud that one Telugu film shook the entire world. Recently, I have been to the US and I see a lot of Americans speak high about ‘Baahubali: The Conclusion’. It is our responsibility to protect our culture, ethos and specificities of our film industry. I promise that we along with other Southern film industries will lead a representation and take up the 28 per cent GST rate issue to the centre.”
“Actor Kamal Haasan expressed displeasure over GST rate and threatened to quit films if it was not reduced. Such has been the impact. Though we raised our concerns from the film industry on the implementation of the GST Bill, it was passed. Once again, we will give a representation from the industry and bring the matter to the notice of the Union Finance Minister,” he said.