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Highlights Of 55th GST Council Meet: Hike On Used Car Sale Tax, Cut On Fortified Rice Kernels | News
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December 23, 2024
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Dec 23, 20246:48Now PlayingFollowing the GST Council's announcement of varied tax rates for popcorn, Chaired by Finance Minister Nirmala Sitharaman, the council decided that ready-to-eat salted popcorn would be taxed at 12%, while caramelized popcorn would attract 18%. The Finance Minister explained the decision: “When popcorn is mixed with sugar (caramel popcorn), its essential character changes to that of a sugar confectionery, and would therefore attract 18% GST.” Watch the full video to know more and follow Mirror Now for the latest updates.
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