Malayalam film industry apprehensive of GST

While the trade, industry, and service sectors are eagerly looking forward to the rollout of the Goods and Service Tax (GST) regime, the Malayalam film industry refuses to share the ebullience and seems apprehensive about its outcome. The industry, with an approximate annual turnover of about ₹500 crore and provides 50,000 direct and indirect jobs, foresees the imposition of 18% service tax . This…