NEW REDUCED TICKET PRICES AT SATHYAM CINEMAS REVEALED

It is a known fact that the Goods and Services (GST) tax rates for movie ticket prices have been reduced by the GST Council. With effect from January 1, 2019, movie ticket prices above Rs 100 will have a GST of 18% (reduced from 28%) and ticket prices below Rs 100 will have a tax of 12% (reduced from 18%).
 

Meanwhile, Sathyam Cinemas have officially confirmed the same and the revised ticket prices are now seen on their official ticket booking page. The new ticket prices in SPI will have three different rates for three different classes.

The Elite class will cost Rs 152.55 (earlier cost - Rs 165), while the Premium class will cost Rs 146 (earlier cost - Rs 158.5). The budget tickets will be sold at Rs 60. These rates are exclusive of the internet charges.

S2 Theyagaraja, which is managed by SPI Cinemas will have a comparitively much lesser ticket rates with a cost of Rs 111 for the Elite class and Rs 48 for the budget class.

The rest of the theatres in and around Tamil Nadu will soon be updating their revised new ticket prices. Stay tuned.