HC to consider UP entertainment tax incentive entitlement to multiplex owners in July 2018

HC issues notice to Revenue in writ petition on entitlement to State entertainment tax incentive in terms of U.P. Entertainments and Betting Tax Act, 1979 (Act), after implementation of GST regime; As per the scheme, which was valid upto March 31, 2020, multiplex owners were permitted to collect entertainment tax and to retain 100% of first year, 75% in second year and third year, and 50% in the fourth and fifth year; As per the petitioner, in view of Section 174 of U.P. GST ...