GST impact to media houses

DIPR
Imphal, Sept. 12: Directorate of Information & Public Relations with Editors’ Guild Manipur including publishers from different Media Houses based in the State today had an interaction on Goods & Services Tax (GST) related with Media at State Institute of Journalism, DIPR Complex, Moirangkhom.
Speaking on the interaction programme, Superintendent, Department of Taxes, Government of Manipur, Shri Y. Indrakumar lectured particularly on the impact of GST to Media, both print and electronic. He said that with the implementation of GST on 1st July, 2017, all newspaper establishments and cable operators in Manipur should register with GST. If not, the department can impose penalty to them. He also explained on how to take benefits of Input Tax Credit (ITC). He further said under GST, a registered media firm has to file GST returns.