Raid on Tollywood’s big producers!

Today (August 8th, 2011) AP State Government authorities were raided on the offices of Tollywood’s big producers offices for evading cinematographer’s service tax in the last year. The raids were conducted by Commercial/Services Taxes department officials on offices of Allu Aravind (Geetha Arts), Dil Raju (Sri Venkateswara films), Bellamkonda Suresh (Sri Sai Ganesh) and Venkat (R R Movie Makers).

As per the reports production houses and distribution firms of these producers had not paid service tax on the movies they made or distributed in the last year. As per the officials, 10.3 % percentage of service tax applies for each movie and these producers are not paid the last one year.

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