Responding to media reports over evading Service Tax, actor NTR has released a statement to press in which he stated that he had acted as per his knowledge and added that he would ready to pay taxes to government if at all required. Maintaining that he has been regular payer of taxes, NTR said, ” I had acted in Nannaku Prematho film in 2015. I was told that the Service Tax is not applicable since the film is shot in London. Hence, I didn’t charge any Service Tax from the film’s producers. Regarding the same, we have received a query from the CAG (Comptroller and Auditor General) to which my auditors have given a written reply. After that we have not received any official note or notice from the CAG so far.”
In the statement NTR added that he is totally willing to pay the amount if there is any due. He stated that he has been a law-abiding citizen of the country and has been paying taxes regularly, duly and following the duties of the citizen aptly.
According to the sources close to the actor, he said to have shocked when he saw the out-of-blue media reports on Friday, Saturday. NTR’s team maintained that the actor’s auditors are verifying all the details from their end. Meanwhile, the actor stated that he is yet to know the complete details. He said that he would act once he get any instructions from the government officials.
Press note:
In response to the news published today about non payment of Service tax for the feature film “Nannaku Prematho”, which was produced in England (London) , I hereby release this press release to present the correct facts.
I have acted in the above film in 2015 which was made in the UK by the producer. I was advised by legal and tax experts that any Service(in this case as an actor) rendered outside India for which payment is received in Foreign Exchange , is not taxable for Service tax in India . Accordingly, I have not collected the service tax from the producer of “Nannaku Prematho”.
In 2016 when C&AG officials conducted a review of my Service Tax returns and raised a query, my legal and economic team gave an explanation in writing about the same. After sending that written reply in 2016, Till date,we have not received any further communication regarding this matter, like a show cause notice or demand, from the authorities.
If and when I receive any communication from the authorities ,I will respond as per the applicable law. I have been a law abiding citizen and faithful Income tax and Service tax payer for the last several years. I have been complying with all the applicable laws scrupulously in time. I have the highest respect for the laws of this great country India.
In the present matter, if it is found by the competent Authority that I have to pay the Service Tax, I will pay every single penny as required of me. I am waiting to hear from the authorities regarding the same.
I am releasing this statement so that the correct version of facts is represented.
Thank You
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