Quick Summary
The GST Council, during its 55th meeting on Saturday, clarified the taxation rules for popcorn, reaffirming that there would be no change in the existing rates. Union Finance Minister Nirmala Sitharaman explained that the tax treatment varies depending on the type of popcorn and its classification. Key Highlights Tax Rates on Popcorn: Pre-packaged and labelled ready-to-eat popcorn attracts a 12% GST. Caramelized popcorn, classified as sugar confectionery under HS code 1704 90 90, attract
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FAQ :
No, the GST Council has clarified that there is no change in the existing GST rates for popcorn.
Pre-packaged and labelled ready-to-eat popcorn attracts a 12% GST.
Caramelised popcorn is classified as sugar confectionery due to the addition of sugar, and therefore attracts an 18% GST.
Non-pre-packaged and unlabelled popcorn mixed with salt and spices, similar to namkeen, attracts a 5% GST.
Yes, the Central Board of Indirect Taxes and Customs (CBIC) will issue a circular to address any confusion regarding the taxation of popcorn.
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