How To Tax Popcorn? Government's GST Formula Sparks Debate
NDTV
The differential rates came into effect immediately, ending confusion over rates as popcorn was taxed differently across states.
Centre's move to tax popcorn differently based on its sugar or spice content has sparked a debate, with two former government economic advisers questioning the tax system introduced in 2017. Complexity is a bureaucrat's delight and citizens' nightmare. https://t.co/rQCj9w6UPw
The Goods and Services Tax (GST) Council, chaired by the finance minister and including state representatives, announced on Saturday that non-branded popcorn mixed with salt and spices would attract a 5% GST, pre-packaged and branded popcorn 12%, and caramel popcorn, categorised as sugar confectionery, 18%.
The differential rates came into effect immediately, ending confusion over rates as popcorn was taxed differently across states.
