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ARCHIDEASOLUTION 59e091e58b035e0aa830cf02 Services https://www.cinepic.in
  • 2020-05-09T09:13:44

TICKET RULES AND GUIDELINES Imagine a theater has a total of 1000 seats on Rs.10.00, 40.00 and 50.00 values. After the ticket book is printed, every week, all the ticket books would be taken to District Commercial Tax Office (DCTO). At DCTO, a seal would be imprinted at the backside of every ticket. At counter, these are the tickets, which are issued at the box office of theaters when you produce the reservation coupon or buy ticket directly. These are, in short, taxed tickets. Taxed tickets have to be converted with the number of tickets sold at the box office on regular basis. In other words, each ticket sold at the box office has to be a taxed ticket. According to the serial number of the taxed tickets sold, the theater must pay the tax to the government. This is one of the key reasons for releasing the movies on rental basis from distributors. This phenomenon again, more often witnessed in the cities like Chennai and other big cities. As usual in this process also, people have developed clever tactics for deceit. These practices take place in theaters not only in metros but also across the state. However, Chennai city status is relatively strict due to tight vigil and higher viewer ship resulting in greater transparency. In other areas DCTOs are paid weekly bribes and special raid squad is paid monthly bribe. The bribe is usually paid in the weekends, where the DCTO and raid squads collect directly from theaters! It is natural to wonder even if the theater owners make any profit out of the theaters. You bet they do! Consider this scenario. In a business day, a theatre shows the ticket sales as five Rs. 10 and twenty Rs.40 and fifteen Rs.50 tickets. The tax payable is flat 15% of all these shown account ticket rates calculated. In reality, on the same day, the theater would have enjoyed full house with all shows. For a theater with 800 seats, which has run full house in all 4 shows, it tax pays tax only for 45 tickets they have shown in accounts. Excluding this, the tickets of denominations Rs.10, 40 and 50 are sold at a flat rate in the release time of big films. Distributors too, welcome this as this promises additional income for them. This is also the main reason why expert theater owners prefer sharing the collection in net, whereas veteran distributors choose to go with gross route.

TICKET RULES AND GUIDELINES Imagine a theater has a total of 1000 seats on Rs.10.00, 40.00 and 50.00 values. After the ticket book is printed, every week, all the ticket books would be taken to District Commercial Tax Office (DCTO). At DCTO, a seal would be imprinted at the backside of every ticket. At counter, these are the tickets, which are issued at the box office of theaters when you produce the reservation coupon or buy ticket directly. These are, in short, taxed tickets. Taxed tickets have to be converted with the number of tickets sold at the box office on regular basis. In other words, each ticket sold at the box office has to be a taxed ticket. According to the serial number of the taxed tickets sold, the theater must pay the tax to the government. This is one of the key reasons for releasing the movies on rental basis from distributors. This phenomenon again, more often witnessed in the cities like Chennai and other big cities. As usual in this process also, people have developed clever tactics for deceit. These practices take place in theaters not only in metros but also across the state. However, Chennai city status is relatively strict due to tight vigil and higher viewer ship resulting in greater transparency. In other areas DCTOs are paid weekly bribes and special raid squad is paid monthly bribe. The bribe is usually paid in the weekends, where the DCTO and raid squads collect directly from theaters! It is natural to wonder even if the theater owners make any profit out of the theaters. You bet they do! Consider this scenario. In a business day, a theatre shows the ticket sales as five Rs. 10 and twenty Rs.40 and fifteen Rs.50 tickets. The tax payable is flat 15% of all these shown account ticket rates calculated. In reality, on the same day, the theater would have enjoyed full house with all shows. For a theater with 800 seats, which has run full house in all 4 shows, it tax pays tax only for 45 tickets they have shown in accounts. Excluding this, the tickets of denominations Rs.10, 40 and 50 are sold at a flat rate in the release time of big films. Distributors too, welcome this as this promises additional income for them. This is also the main reason why expert theater owners prefer sharing the collection in net, whereas veteran distributors choose to go with gross route.

  • 2020-05-09T09:13:44

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