India's move to tax popcorn differently based on its sugar or spice content has drawn criticism from the opposition and ...
categorised as confectionery under HS 1704 90 90, will attract 18% GST. The GST council has postponed decisions on ...
NEW DELHI (Reuters) -India's ... attract a 5% GST, pre-packaged and branded popcorn 12%, and caramel popcorn, categorised as a sugar confectionery, 18%. The differential rates come into effect ...
The GST Council's proposal of different rates on popcorn—5% for salted, 12% for branded, and 18% for caramel—has sparked ...
Popcorn flavoured with salt and spices that are not pre-packaged and labelled are taxed at 5%, while pre-packaged and ...
NEW DELHI (Reuters) -India's move to tax popcorn differently based on its sugar ... non-branded popcorn mixed with salt and spices would attract a 5% GST, pre-packaged and branded popcorn 12%, and ...
NEW DELHI (Reuters) -India's ... attract a 5% GST, pre-packaged and branded popcorn 12%, and caramel popcorn, categorised as a sugar confectionery, 18%. The differential rates come into effect ...
India’s move ... would attract a 5% GST, pre-packaged and branded popcorn 12%, and caramel popcorn, categorised as a sugar confectionery, 18%. The differential rates come into effect immediately ...
The flavour of your popcorn can actually decide how much tax you pay for it.If your bun is plain, it falls under the one tax ...
Sweet and sour GST
Finance Minister Nirmala Sitharaman’s clarification on why salted popcorn is taxed at 12 per cent but caramel popcorn at 18 ...
If it is pre-packaged and labelled, the tax ... confectionery, falling under HS code 1704 90 90, and is therefore subject to an 18 percent GST, the council stated. The council also reduced the ...
This isn’t the first time India’s GST classifications have sparked controversy. Past disputes have included different tax rates for chapatis versus parathas, curd versus yoghurt, and cream ...