popcorn GST rates News and Updates from The Economic Times

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POPCORN GST RATES

GST reforms to inject Rs 2 lakh cr into economy, boost demand across sectors
GST overhaul a people's reform, touches every family: FM Nirmala Sitharaman
The makeover announced by GST Council is welcome, but a cup half-full with red tape still fluttering

- 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...
  04 Sep, 2025, 07.37 PM IST
- Operation Sindoor: How homegrown deftech mount a near-impregnable air defence
  The standout air defence weapon, Akash, a short-range surface-to-air missile, shielded vulnerable installations and cities. It's entirely c...
  18 May, 2025, 11.06 PM IST
- After popcorn, now turn of donuts to get afflicted by 'GSTitis': Congress
  The Congress criticized the government's differential GST implementation, highlighting Mad Over Donuts' Rs 100 crore tax notice due to busi...
  15 Mar, 2025, 11.32 AM IST
- Changes in GST must be more comprehensive than mere rate reduction: Congress
  Finance Minister Nirmala Sitharaman announced that GST rates will be reduced soon, prompting the Congress to call for a comprehensive GST 2...
  09 Mar, 2025, 08.05 PM IST
- Need of hour radically-simplified, less-punitive GST 2.0: Congress
  The Congress has emphasised that changes to the GST need to be comprehensive and not just limited to rate reductions. The party calls for a...
  09 Mar, 2025, 05.19 PM IST
- Still not packaged well: GST adds to manufacturing woes, calls for simplification grows
  While 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...
  03 Jan, 2025, 12.48 PM IST
- 'Holding phone in right hand will attract 18% GST': Insta prank on GST goes viral, watch video
  Following an announcement about an increase in GST on caramel popcorn, the Finance Minister clarified caramelised popcorn is taxed higher d...
  02 Jan, 2025, 04.20 PM IST
- Popcorn, in loose form, sold in movie theatres to attract 5% GST
  Popcorn 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...
  26 Dec, 2024, 02.41 PM IST
- ET Explainer: Taxing times for popcorn & used cars
  The GST Council clarified the tax rates on ready-to-eat, pre-packaged, and caramelised popcorn at 5%, 12%, and 18% respectively. It also re...
  26 Dec, 2024, 02.40 PM IST
- Public face-offs on GST decisions point to flaws in the tax’s architecture and implementation
  The GST Council's recent decision on popcorn tax rates has highlighted the complexity and flaws of India's GST system, attracting criticism...
  25 Dec, 2024, 10.55 PM IST
- How to tax popcorn? India's formula sparks outrage against GST system
  India's new popcorn tax has everyone talking. Different flavors now have different GST rates. Plain popcorn is taxed at 5%, branded at 12%,...
  24 Dec, 2024, 10.46 AM IST
- 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 outcomes
  The GST Council lowered the compensation cess rate for merchant exporters to 0.1% and reduced the tax on fortified rice kernels to 5%. The ...
  23 Dec, 2024, 12.44 PM IST
- Popcorn casteism is alive and popping
  The GST Council has decided to maintain the existing tax rates on popcorn, but clarified its classification for taxation purposes. Ready-to...
  22 Dec, 2024, 11.09 PM IST
- Caramelised popcorn’s sweetness in jeopardy? Sitharaman’s GST clarification adds a tangy twist
  The 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-...
  22 Dec, 2024, 10.38 AM IST
- GST Council ups tax on sale of used cars by businesses; says rate on popcorn depends on flavour
  The GST council met on Saturday. It decided to not tax gift vouchers. Used cars purchased by businesses will face an 18% tax. This includes...
  21 Dec, 2024, 04.55 PM IST
- Gift vouchers won't attract GST, clarifies Council
  The GST Council declared that voucher transactions will not be subject to GST, providing relief to retailers. This decision clarifies that ...
  21 Dec, 2024, 04.24 PM IST
- 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...
  17 Jul, 2023, 06.30 AM IST
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