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POPCORN GST RATES
GST reforms to inject Rs 2 lakh cr into economy, boost demand across sectorsUnion Finance Minister Nirmala Sitharaman announced that recent GST reforms are projected to inject approximately Rs 2 lakh crore into the ...- GST overhaul a people's reform, touches every family: FM Nirmala SitharamanFinance Minister Nirmala Sitharaman calls GST overhaul a 'people's reform'. Rate rationalization will benefit families and boost the econom...
- The makeover announced by GST Council is welcome, but a cup half-full with red tape still flutteringThe GST Council's recent meeting delivered on the promise of GST reduction and rationalization ahead of Diwali, reaffirming commitment to t...
- New GST rates: Is the puzzle over popcorn, paranthas and paneer finally solved?New GST Rates: The GST Council has approved a new tax structure effective September 22, resolving long-standing confusions on food items. P...
- Operation Sindoor: How homegrown deftech mount a near-impregnable air defenceThe standout air defence weapon, Akash, a short-range surface-to-air missile, shielded vulnerable installations and cities. It's entirely c...
- After popcorn, now turn of donuts to get afflicted by 'GSTitis': CongressThe Congress criticized the government's differential GST implementation, highlighting Mad Over Donuts' Rs 100 crore tax notice due to busi...
- Changes in GST must be more comprehensive than mere rate reduction: CongressFinance Minister Nirmala Sitharaman announced that GST rates will be reduced soon, prompting the Congress to call for a comprehensive GST 2...
- Need of hour radically-simplified, less-punitive GST 2.0: CongressThe Congress has emphasised that changes to the GST need to be comprehensive and not just limited to rate reductions. The party calls for a...
- Still not packaged well: GST adds to manufacturing woes, calls for simplification growsWhile GST collections for the month of November marked an 8.5% increase from last year at 1.82 lakh crore, certain key states have exhibite...
- 'Holding phone in right hand will attract 18% GST': Insta prank on GST goes viral, watch videoFollowing an announcement about an increase in GST on caramel popcorn, the Finance Minister clarified caramelised popcorn is taxed higher d...
- Popcorn, in loose form, sold in movie theatres to attract 5% GSTPopcorn sold in loose form in movie theatres will continue to attract a GST rate of 5 per cent. If popcorn is sold together with a movie ti...
- ET Explainer: Taxing times for popcorn & used carsThe GST Council clarified the tax rates on ready-to-eat, pre-packaged, and caramelised popcorn at 5%, 12%, and 18% respectively. It also re...
- Public face-offs on GST decisions point to flaws in the tax’s architecture and implementationThe GST Council's recent decision on popcorn tax rates has highlighted the complexity and flaws of India's GST system, attracting criticism...
- How to tax popcorn? India's formula sparks outrage against GST systemIndia's new popcorn tax has everyone talking. Different flavors now have different GST rates. Plain popcorn is taxed at 5%, branded at 12%,...
- GST Council meet: From no GST on penal charges by banks, NBFCs for loan defaults to 5% GST on new EVs & more; Here are top 10 outcomesThe GST Council lowered the compensation cess rate for merchant exporters to 0.1% and reduced the tax on fortified rice kernels to 5%. The ...
- Popcorn casteism is alive and poppingThe GST Council has decided to maintain the existing tax rates on popcorn, but clarified its classification for taxation purposes. Ready-to...
- Caramelised popcorn’s sweetness in jeopardy? Sitharaman’s GST clarification adds a tangy twistThe GST Council clarified the tax rates for popcorn. Ready-to-eat popcorn with salt and spices will be taxed at 5% if loose and 12% if pre-...
- GST Council ups tax on sale of used cars by businesses; says rate on popcorn depends on flavourThe GST council met on Saturday. It decided to not tax gift vouchers. Used cars purchased by businesses will face an 18% tax. This includes...
- Gift vouchers won't attract GST, clarifies CouncilThe GST Council declared that voucher transactions will not be subject to GST, providing relief to retailers. This decision clarifies that ...
- GST on food items in cinema halls reduced to 5%“The clarification that food and beverages supplied in cinema halls should be taxed at 5% is a welcome step and provides relief to the indu...
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