There wil be an additional GST for Caramelized Popcorn now. The GST Council, led by the finance minister Nirmala Sitharaman, on Saturday, proposed 5% GST for non-branded popcorn with salt and spices, 12% for pre-packaged and branded varieties, and 18% for caramel popcorn, classified under sugar confectionery
The GST Council’s proposal to charge different tax rates on popcorn based on whether it contains sugar or salt has faced severe backlash on social media, with two former government economic advisers criticizing the taxation framework established in 2017.
The Union Finance Minister Nirmala Sitharaman defended the 18% tax on caramel popcorn, stating that items containing added sugar attract different taxation. However, opposition politicians, economists, and government supporters criticized this decision and several netizens responded with satirical memes on social media. Normally, the rates of Popcorn in theaters are huge and with an additional GST for Caramelized Popcorn, the price will become much bigger.
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