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“This is why, till the time popcorn is salted, it attracts five per cent GST. But when it has added caramelised sugar, it is no longer namkeen, hence, its rate is different.” Caramel popcorn, she ...
Nirmala Sitharaman clarifies why salted popcorn is taxed at 12% but caramel popcorn at 18%. Turns out, it’s more than just a sweet tooth issue. From GST rules to "sin taxes," India’s tax policies on ...
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However, another rate will be applicable for caramel popcorn ... Union Finance Minister Nirmala Sitharaman said that salted/plain popcorn is considered as namkeen during sale in some states.
“When popcorn is mixed with sugar (caramel popcorn), its essential character ... Take a look at the breakdown: Unpacked and unlabelled salted popcorn: 5% GST Pre-packed and labelled ready ...
The GST Council's decision to impose different tax rates on salted, pre-packaged, and caramelised popcorn has faced criticism, with economists, industry experts, and former government officials ...
“However, when popcorn is mixed with sugar thereby changing its character to sugar confectionary (Ex: caramel popcorn ... till the time popcorn is salted, it attracts five per cent GST.