Tag: popcorns

GST Council clarifies tax on popcorn: 5% for ready-to-eat, 12% for pre-packaged, 18% for caramel – CNBC TV18

[ad_1] The 55th GST Council meeting, chaired by Union Finance Minister Nirmala Sitharaman in Jaisalmer, Rajasthan, has issued a clarification on the taxability of popcorn. Company Value Change %Change According to the clarification, ready-to-eat popcorn is taxed at 5%, pre-packaged popcorn is subject to a 12% GST, and caramel popcorn attract an 18% GST. The […]

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