GST Raid on Popular Telugu Production House UV!

UV Creations banner is one of the biggest banners in the Telugu film industry right now. They are planning big projects in the near future with top stars.

On Tuesday morning, GST Tax officials raided the UV Creations office. The raids lasted a while at their office.

The production house says it is a routine raid and since they have not evaded any taxes they have nothing to worry about. They have been completely compliant with all the rules and regulations. The GST tax department also did not make any official statement as of now.

UV Creations made a big splash when they announced mega-budget projects, Saaho and Radhe Shyam, because of their close friendship with Prabhas. It was reported that they invested 200-300 crores in these films. Despite both films turning out to be duds, it is being said that the company is still looking to invest more to cashing in on Prabhas’s pan India stardom.