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Popcorn has always been a favorite snack of mine, and it all started with those iconic holiday popcorn tins. Every Christmas, ...
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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 ...
Non-branded popcorn mixed with salt and spices will attract a 5% GST, pre-packaged and branded popcorn will fall under the 12% GST bracket, and caramel popcorn, categorised as sugar confectionery, ...
The differential rates come into effect immediately, ending confusion over rates as popcorn was taxed differently across states. Explaining the rationale behind the decision to tax caramel popcorn ...
A similar confusion can be expected in cinemas if caramel popcorn will attract 18 percent GST as many theatres offer a combination of salt/cheese and caramel popcorn. Former Chief Economic Advisor ...