- Social media outrage over 18 percent GST on caramelised popcorn led to government clarification
- Popcorn served in theatres will continue to be taxed at 5 percent
- This rate applies as long as popcorn is served independently of cinema exhibition services
- No increase in GST rate for popcorn was decided in the recent GST Council meeting
- The issue of classification and GST rate for popcorn with salt and spices was discussed
- The GST Council clarified the classification and rate for such popcorn
- GST rate on old and used electric vehicles increased from 12 percent to 18 percent
- This increase is part of a simplification effort to unify the GST rates on all old and used vehicles
- The Council did not recommend any new taxes on these transactions
Source: a2ztaxcorp.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
