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Searched Tag: gst council clarifies on popcorn taxation
GST on caramel popcorn to be 18pc, 12pc for ready-to-eat

GST on caramel popcorn to be 18pc, 12pc for ready-to-eat

December 21, 2024, 08:27 PM - 1 min read

The GST Council, led by Finance Minister Nirmala Sitharaman, has clarified the tax treatment of popcorn. It has been decided that pre-packed and labelled ready-to-eat popcorn will attract a 12% GST, while caramelised popcorn (mixed with sugar) will be taxed at 18%.

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