New Year revelry attracts tax
Commissioner of Commercial Taxes V Anil Kumar, has informed that entertainment events held on the eve of New Year 2017 would attract Entertainment Tax. Therefore, the New Year events’ managements should inform, register and pay tax due in this regard to the Commercial Taxes Department. As per Section 4-C of Entertainments Tax Act, Entertainment Tax at the rate of 20% shall be paid. The Commissioner has stated that non-compliance will be viewed seriously.