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popcorn, GST
How to tax popcorn? India's formula sparks outrage against GST system
India'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 economic advisers questioning the tax system introduced in 2017.
GST clarification on popcorn tax: Here’s what you’ll pay at theatres
A recent GST clarification on popcorn stirred social media frenzy over differential tax rates applicable on salted, caramelised, and loose popcorn.
EXPLAINED | Understanding The GST Council’s New Popcorn Tax: What You Need To Know
The GST Council's popcorn tax classification for popcorn raises questions about ingredient-based taxation, sparking criticism from economists and consumers alike.
‘Bit of a joke’: India’s popcorn tax sparks roasting of complex GST system
Social media users slam country’s excessive regulations and high taxation after government’s move to impose three-tier tax on popcorn.
No GST hike on popcorn, will still attract 5% tax in theatres when served in loose form: Sources
The statement on popcorn was issued after request from Uttar Pradesh to clarify the classification and GST rate applicable on popcorn mixed with salt and spices, they added
GST Council: How much GST is there on popcorn? Popcorn with caramelized or added sugar is taxed at 18%..
The 55th meeting of the GST Council has ended and the GST Council decided to impose or remove tax on many things in this meeting. Tax matters on flavored popcorn were also considered in the council meeting.
‘India will always be third-world country if...’: Sushant Sareen slams 18% tax on caramel popcorn
The controversy arose after the GST Council clarified that ready-to-eat salted popcorn would attract 5% GST, while caramelised popcorn would be taxed at 18% due to added sugar.
12m
on MSN
Say No To Popcorn-Like GST Rationalisation
The Goods and Services Tax (GST) was meant to simplify the tax system, inject a good measure of uniformity nationwide, and ...
9h
on MSN
Black Popcorn Matters, how much GST on popcorn GIFs ...: Internet sees 'popcorn memes' fest after 18% GST announcement
The GST Council's 55th meeting clarified the tax rates on different types of popcorn based on their preparation methods.
Republic Business on MSN
13h
Popcorn sold in movie theatres to attract 5% GST
The 55th meeting of the GST Council clarified the GST applicability in popcorn after it received a request from Uttar Pradesh ...
12h
Centre clears confusion over varying GST rates on popcorn
However, if the popcorn is clubbed and sold together with a movie ticket, the supply would be treated as a composite supply ...
1d
Will popcorn get costly in movie theaters? Here's how much GST will be levied on popular snack
In the 55th meeting of the GST Council, a clarification was provided regarding the applicability of GST on popcorn. This ...
cnbctv18
1d
GST rate on popcorn: Key questions answered
Here's a set of answers to the most common questions surrounding GST on popcorn, including classification, varying rates, and ...
Fortune India
12h
No increase in GST on popcorn, no impact on prices at theatres: Govt Sources
Netizens rose up in arms last week when the Council reiterated the existing 5%, 12% and 18% tax slab on the pop corn, ...
1d
Sizzling Popcorn Tax Or Policy Blunder? Cong Slams Govt For GST Complexity, Demands Overhaul
Congress has criticised the government for the growing complexity of the GST system and said differing tax rates on popcorn ...
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