"Ready-to-eat popcorn", which is mixed with salt and spices, would attract a 5 per cent GST if it is not pre-packaged and labelled (i.e., unbranded popcorn). If it is pre-packed, labelled and ...
The clarification on popcorn is, however, hilarious. Taxing salted and non-pre-packaged popcorn at 5 per cent, salted and packaged popcorn at 12 per cent and caramelised popcorn at 18 per cent ...
I mean what could be more charming than having a five percent GST on popcorn mixed with salt, 12 percent GST if it is packaged and labelled and 18 percent if it is caramel popcorn? No issues ...
Popcorn taxation: Popcorn with salt and spices (if unpackaged) will attract 5 percent GST, pre-packaged popcorn will have a 12 percent GST rate, and caramel-coated popcorn will be taxed at 18 percent.
Currently, namkeens attract a 5 per cent GST if they are not pre-packaged and labelled. “Read-to-eat popcorn” has te essential character of namkeens, which mixed with salt and spice.
Sitharaman said. Popcorn Taxation: Popcorn with salt and spices (if unpackaged) will attract 5% GST, pre-packaged popcorn will have a 12% GST rate, and caramel-coated popcorn will be taxed at 18%.
After the council’s 55th meeting in Jaisalmer, it clarified that ready-to-eat popcorn is taxed at 5%, pre-packaged popcorn is subject to a 12% tax, and caramel popcorn attracts an 18% Goods and ...
Among the eye catching decisions, the Council introduced a tiered GST structure for popcorn: 5 per cent for ready-to-eat variants with salt and spices (if not pre-packaged), 12 per cent for pre ...
clarified that ready to eat popcorn which is mixed with salt and spices are classifiable under HS 2106 90 99 and attracts 5% GST if supplied as other than pre-packaged and labelled and 12% GST if ...