Non-branded popcorn mixed with salt and spices will attract a 5% GST, pre-packaged and branded popcorn will fall under the 12% GST bracket, and caramel popcorn, categorised as sugar confectionery, ...
Also Read: U.P.’s GST revenue grows 15%, surpassing national average However, when popcorn is mixed with sugar (caramel popcorn), its classification changes to that of sugar confectionery ...
However, when popcorn is mixed with sugar (caramel popcorn), its essential character changes to that of sugar confectionery. As per the clarification, it would be classifiable under HS 1704 90 90 ...
Nirmala Sitharaman clarifies why salted popcorn is taxed at 12% but caramel popcorn at 18%. Turns out, it’s more than just a sweet tooth issue. From GST rules to "sin taxes," India’s tax policies on ...
If it is pre-packed, labelled and ready-to-eat (branded popcorn), a 12 per cent tax would be levied. However, another rate will be applicable for caramel popcorn, which will attract 18 per cent GST.