GST raids hit Manchu Vishnu before release.
GST raids hit Manchu Vishnu before release.
The recent GST raids at the offices of actor Manchu Vishnu in Hyderabad have sparked considerable attention, primarily because of their timing. The enforcement action comes just days before the scheduled release of his much-anticipated film Kannappa. This has led to widespread speculation within the film industry and among fans, with many questioning whether the raids are purely procedural or if there’s a larger agenda at play. Sources indicate that officials were verifying financial records and transactions related to the production and promotion of the film. As investigations continue, the timing of the raids has become a hot topic of debate.
GST Raids at Manchu Vishnu’s Offices Raise Eyebrows Ahead of Kannappa Release
Hyderabad, June 25: The offices of Telugu actor and producer Manchu Vishnu were raided by officials from the Goods and Services Tax (GST) Intelligence department on Wednesday, sparking intense speculation in the Telugu film industry and among the public. The raids come at a crucial time, just two days ahead of the release of Vishnu’s much-hyped mythological action drama, Kannappa, scheduled to hit theatres on June 27.
The GST teams are said to be scrutinising a wide range of financial documents, including the film’s budget details, promotional expenditure, loan transactions, and business agreements. Their aim is to verify whether all applicable taxes have been paid in accordance with regulatory norms. This includes investigating possible evasion or misreporting of GST liabilities associated with the film’s vast financial scope.
Manchu Vishnu, who was engaged in promotional activities for Kannappa when the raids began, claimed he was unaware of the developments until the media informed him. Reacting to the situation, Vishnu issued a calm and composed statement. “If raids are being conducted, it’s good. There’s nothing to conceal. Only through these checks will everyone know where we have taken loans from,” he said, reiterating that he and his team would fully cooperate with the authorities and had nothing to hide.
The timing of the raids has attracted significant attention, as it coincides with the peak of the film’s promotional campaign. Industry insiders and social media users have been quick to speculate on whether the raids were standard procedure or if there could be political or competitive motivations behind the enforcement action.
Directed by Mukesh Kumar and produced on a grand scale, the film boasts an ensemble cast including superstar Prabhas, Bollywood actor Akshay Kumar, Malayalam legend Mohanlal, seasoned actor Mohan Babu, and Kajal Aggarwal. With such star power, the film has already garnered widespread buzz across regional and national markets.
As of now, the GST department has not released an official statement about the findings of the raids or indicated any further steps. The film industry and the general public await clarity on whether the investigation will have any legal or financial implications for the film’s release.
Key Points:
- GST raids were conducted on June 25 at Manchu Vishnu’s offices in Hyderabad, days before Kannappa’s release.
- Officials are probing suspected discrepancies in GST payments and financial dealings related to the film.
- Manchu Vishnu responded calmly, asserting full cooperation and transparency.
- The timing of the raids has raised questions and speculation in the industry.
