News

The packaged food industry is facing its largest downturn in over a decade. Conagra Brands and Campbell's have become too ...
TikTok’s latest viral hack to the rescue! Just pop your popcorn in the freezer … wait, I mean, you pop it in the microwave, ...
How Packaged Popcorn Affects Longevity Dr Mehta doesn’t mince words when discussing the long-term impact of packaged popcorn: “Eating popcorn can make you pop your life. Pop your organs.
A seemingly routine ruling by India’s top tax officials went off like metal in a microwave. The government laid out a three-tiered system for taxing popcorn depending on if it is packaged or ...
Another user wrote: “India’s tax system: turning popcorn into a luxury item one kernel at a time. 5% for salt, 18% for caramel-might as well declare butter popcorn as ‘imported goods’ next.” ...
India Business News: The GST Council's proposal of different rates on popcorn—5% for salted, 12% for branded, and 18% for caramel—has sparked widespread criticism. Former ...
India's move to tax popcorn differently based on its sugar or spice content has drawn criticism from the opposition and sparked social media outrage, with two former government economic advisers ...
Exhorting the Narendra Modi government to show the courage to overhaul the Goods and Services Tax (GST) regime citing the “absurdity” of three different tax slabs for popcorn under the present ...
After the council’s 55th meeting in Jaisalmer, it clarified that ready-to-eat popcorn is taxed at 5%, pre-packaged popcorn is subject to a 12% tax, and caramel popcorn attracts an 18% Goods and ...
If it is supplied as pre-packaged and labelled, a 12 per cent GST is levied. However, when popcorn is mixed with sugar (caramel popcorn), its essential character changes to that of sugar ...
GST Council on Saturday agreed to issue a clarification on taxation of popcorn, saying that pre-packed and labelled ready-to-eat snacks will attract a 12 per cent tax while an 18 per cent GST will ...
"Ready-to-eat popcorn", which is mixed with salt and spices, and has the essential character of namkeens currently attracts a 5 per cent GST if it is not pre-packaged and labelled.