Reduced GST rate on admission to amusement park

Reduction on GST rate for admission to Amusement Park 

25th GST council meeting held on 18th January, 2018, the GST Council has recommended reduction of GST rate on services by way of admission to amusement parks including theme parks, water parks, joy rides, merry-go-rounds, go-carting and ballet from 28% to 18%. These services hitherto attracted GST @ 28%. Requests were received from several quarters that amusement parks promote social wellness and beget fun and learning for children and their families in a real active entertainment and therefore, the rate may be reduced to 18%. 

The notifications giving effect to the recommendations of the Council will be issued on 25th January, 2018. Accordingly, admission to amusement parks including theme parks, water parks, joy rides, merry-go-rounds, go-carting and ballet shall be taxable at the lower rate of 18%.

 It is normal and trusted that States don't raise the tax on entertainment and amusement levied by the neighbourhood experts (Panchayats/Municipalities/District Councils) in order to build the taxation rate on the amusement parks. This will guarantee that the rate cut in GST is passed on to children.


Discussion Forum

You can also share your thoughts about this article.
Any one can answer on question posted by Readers