From parotta to caramel popcorn: GST 2.0 ends all classification confusion

GST 2.0 marks a turning point in simplifying India’s indirect tax framework. Gone are the days of debates over whether a parotta is a roti, caramel popcorn is different from salted, or a bun differs from a donut. This session with MS Mani, Partner, Indirect Taxes, Deloitte India explores how the latest GST updates have standardized classifications, reduced ambiguity for businesses, and ensured smoother compliance for the food and beverage sector. Mani also talks about why nearly eight years since its rollout, GST remains a work in progress, with several critical issues still awaiting resolution.