Memes Go Viral as GST Council Imposes 18% Tax on Caramelized Popcorn
22 Dec 2024
The taxation on popcorn was finally clarified at the 55th GST Council meeting on Saturday, with no changes to prevailing rates. Union Finance Minister Nirmala Sitharaman explained the tax rationale: "Salted, caramelised, plain popcorn is being sold as namkeen in certain states. Caramelised popcorn comes with added sugar, so the...
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