The GST Council's proposal of different rates on popcorn—5% for salted, 12% for branded, and 18% for caramel—has sparked widespread criticism. Former economic advisers slammed the decision's ...
The GST Council's 55th meeting clarified the tax rates on different types of popcorn based on their preparation methods. Caramelized popcorn is taxed at 18% due to added sugar, while salted and ...
The tax treatment of popcorn has become a huge political hot potato after the (GST) Council Meeting, led by Finance Minister Nirmala Sitharaman, notified different taxation rates on salted and ...
The complex three-tiered Goods and Services Tax on popcorn highlights the system’s overcomplication and potential to reduce ...
The Goods and Services Tax (GST) Council, chaired by the finance minister and including state representatives, announced on Saturday that non-branded popcorn mixed with salt and spices would ...
Amid social media debate over Finance Minister Nirmala Sitharaman's take on three different tax slabs for popcorn under Goods and Services Tax (GST), Congress on Sunday said the "absurdity" of it ...
Popcorn, in loose form, sold in movie theatres will continue to attract GST at a 5 per cent rate, same as in restaurants, government sources said. However, if the popcorn is clubbed and sold ...
The recent GST Council meeting, instead of addressing pressing demands such as reducing tax rates on life and health insurance premiums, turned its focus to the taxation of popcorn – an issue ...
The GST Council’s move to tax popcorn differently based on its sugar or spice content has drawn criticism from the opposition and sparked social media outrage, with two former government ...
GST on popcorn: Popcorn sold in loose form at movie theatres will continue to attract 5 per cent GST, similar to the rate applied in restaurants, according to government sources. However ...
In a post on X on Sunday, Ramesh said, “The absurdity of three different tax slabs for popcorn under GST, which has unleashed a tsunami of memes on social media, only brings to light a deeper ...
The GST Council has recommended to issue a clarification on the rates applicable to popcorn following a recent storm that took over internet. Here are answers to various questions on popcorn GST ...