Tax alarm for T-town producers
Hyderabad, August 09: Service tax officials visited some Tollywood production houses on Monday and reportedly reminded them to pay their service tax dues. The offices of top producers Allu Arvind, Dil Raju, and Bellamkonda Suresh were reportedly visited.
Many producers have received notices to pay up their service tax arrears but they have been protesting against the 10 per cent service tax on the film’s total budget, for which they intend to seek exemption from the government since the industry is in dire straits.