Calcutta, March 20 :    Calcutta, March 20:  Century-old Globe cinema was shut down on Wednesday after the Calcutta Municipal Corporation disconnected its water lines. Globe's owner, Arijit Dutta, said the CMC has slapped a fine of Rs 40 lakh by way of property and water taxes. 'On Wednesday, the water line was cut and we were forced to shut down,'' Dutta said. In tandem, the Eastern India Motion Pictures Association (EIMPA) has threatened to shut down other cinemas in the city indefinitely if the CMC does not roll back the newly-imposed tax on theatres. EIMPA chairman Shyamal Dutta told Metro on Wednesday that the new tax of Rs 500 per show was too heavy. According to Dipen Mitra, senior EIMPA office-bearer, hall-owners pay the CMC between Rs 40 and Rs 45 per show. The new hike would spell disaster for them. Mayor Subrata Mukherjee said saving the halls was not the civic body's job. 'They have to cough up the money. The tax structure of cinemas has not been reviewed, though prices of tickets have shot up,'' he added.