Ranga 70 MM Fails to Reduce Cinema Ticket Prices Despite Tax Cuts: CCI

Principal Commissioner Vs Ranga 70 MM (Competition Commission of India) The case of Principal Commissioner vs Ranga 70 MM addresses whether the respondent cinema hall passed on the GST rate reduction on cinema tickets to customers, as mandated by Section 171 of the CGST Act. The GST rates on cinema tickets were reduced from 18% to 12% (for tickets priced ₹100 or less) and from 28% to 18% (for tickets priced above ₹100) effective January 1, 2019. The Director General of Anti-Profiteering (DGAP) initiated an investigation after receiving a complaint that the cinema hall had increased the bas...