Why Government has levied extra GST on Caramel Popcorn
Monday, 23 December 2024
India's Finance Minister, Nirmala Sitharaman, announced varying GST rates for popcorn, sparking online debate. Ready-to-eat, pre-packed popcorn with salt/spices will face a 12% tax, while caramelized popcorn gets an 18% levy due to its sugar content. Unpacked, unlabeled popcorn remains at 5%.
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