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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.
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.
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.
India: Netizens React To Popcorn GST With Humour And Criticism
The GST Council recently made an announcement on the tax structure of popcorn, triggering a flood of online jokes and memes. Watch this report for more details!
Amid outrage, govt says caramelised popcorn to stay at 5% GST in theatres
Amid outrage on social media over the 18 per cent Goods and Services Tax (GST) on caramelised popcorn, sources on Tuesday clarified that popcorn served in theatres will continue to be charged at 5 per cent.
3 Tax Rates For Popcorn, 1 Big Problem For India
The storm in a snack bucket over GST rates on a munchie shows govts are still in that old mindset that sees whatever that’s fun and/or quality as sinf
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.
19h
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
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 ...
6h
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 ...
Fortune India
18h
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, ...
India Today on MSN
1d
Caramel Popcorn tax: Nirmala Sitharaman explains why Government levied extra GST
Scottie Scheffler was named the 2024 PGA Tour Player of the Year, and for good reason. Golfweek's Adam Schupak recaps his ...
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 ...
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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