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GST, Popcorn
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.
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 on popcorn: Eating popcorn in theatres to become costlier? Check how much tax you are paying
Government sources have now clarified that popcorn sold in loose form in movie theatres will be levied 5 per cent GST, news agency PTI reported. This is on par with tax levied on popcorns in restaurants.
‘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.
From 5% To 18%: Why Popcorn Is Taxed Under 3 Different GST Slabs? New Tax Rule Sparks Outrage
The GST hike on caramel popcorn to 18%, announced by Finance Minister Nirmala Sitharaman, has sparked outrage due to the complex tax slabs for popcorn: 5%, 12%, and 18%. The debate centers on the distinction between salted (taxed as 'namkeen') and caramelised popcorn (taxed as 'mithai').
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.
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on MSN
Orry says he is 18% after Finance Minister Nirmala Sitharaman revises GST rate on caramelised popcorn
Orry, the internet sensation, humorously reacts to the Finance Minister's announcement of an 18% GST on caramelised popcorn, ...
12h
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 ...
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GST rate on popcorn: Key questions answered
The government has issued a set of answers to the most common questions surrounding GST on popcorn, including classification, ...
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.
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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 ...
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
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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