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Popcorn, GST
GST On Popcorn: Report Says No Hike In Tax On Snack, Loose Popcorn In Theatres To Still Attract 5% Tax
The report said the announcement regarding popcorn in the GST Council meeting was made to clarify the classification and tax slab applicable on popcorn mixed with salt and spices
GST on popcorn decoded: How much tax will you pay for the snack in movie theatres?
Amid frequent discussions around tax treatment on different products of popcorn, here is a detailed analysis of how much tax you will have to pay while purchasing the item in movie theatres.
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.
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 followed a request from Uttar Pradesh seeking clarification on the classification and applicable GST rate for mixed popcorn that includes salt and spices.
Popcorn Sold In Movie Theatres To Attract 5% GST: Sources
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.
Will Popcorn Prices Rise In Theaters? Here’s How Much Tax Your Movie-Time Snack Will Attract
Popcorn, the ultimate movie-time snack, is now in the spotlight for a surprising reason—taxes. Government sources have confirmed that loose popcorn sold in cinemas will continue to attract a 5 per cent GST just like restaurant services,
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, depending on the nature of the product.
GST on popcorn: Know how much tax your movie-time snack will attract
During its 55th meeting, the GST Council clarified the tax treatment for popcorn after a request from Uttar Pradesh to specify the GST rate for popcorn seasoned with salt and spices.
GST rate on popcorn: Govt issues FAQs to clear confusion over 5% vs 18% tax rate
The government has issued a set of answers to the most common questions surrounding GST on popcorn, including classification, varying rates, and whether popcorn prices will increase in theaters.
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
1d
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.
1d
As 18% GST debate on caramel popcorn continues, a look at the popular snack’s history and evolution
While the debate regarding GST levied on different types of popcorn is ongoing, did you know that the snack has an ...
23h
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 ...
1h
on MSN
Orry says he is 18% after Finance Minister Nirmala Sitharaman revises GST rate on caramelised popcorn
Orry, an internet personality and friend of Bollywood star kids, humorously commented on the recent 18% GST rate on ...
2d
on MSN
GST On Popcorn: Finance Minister Nirmala Sitharaman Clarifies Tax Slabs And Controversy
The GST Council's recent clarification on popcorn taxation has sparked a social media debate and criticism from the ...
2d
Social media flooded with memes over 18 per cent GST on caramelised popcorn
Memes flooded the internet as the GST Council confirmed an 18 per cent tax on caramelised popcorn. Here are some of the most ...
10h
GST on popcorn: Renewed callsfor MSP procurement of maize
Bengaluru: The GST Council's recent clarification on tax rates on popcorn has revived the dormant demand that the state govt ...
2d
'Taxing popcorn for 0.013% revenue? Ex-CEA K Subramanian questions rationale behind 18% GST, advises babus to use data
The GST Council on Saturday recommended 5% GST on salted popcorn, 12% on pre-packaged and labeled popcorn, and 18% on ...
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