₹20 crore GST evasion by Malayalam actors, distributors detected
The Hindu
The tax evasion by the actors surfaced during the investigation against the distributor.
Eight leading actors and a few film distributors of Malayalam cinema, who together have evaded payment of Goods and Services Tax to the tune of around ₹20 crore, are facing legal proceedings.
The intelligence wing of the State GST department, which had confronted these actors with the statements given by the producers and distributors of their movies over the last few years, have estimated the tax evasion by the actors as around ₹8 crore.
The single largest evasion was by a young prominent actor and his evasion was estimated to be around ₹4 crore. The evasion by the distributors accounted for around ₹12.5 crore. The highest evasion was found committed by a distributor based at Thiruvananthapuram, who accounted for evading tax to the tune of ₹4 crore, according to sources.