GST Counsil Meeting: सोशल मीडिया पर सबसे ज्यादा बहस छिड़ी पॉपकॉर्न पर लगे जीएसटी को लेकर, जहां यूजर्स ने सरकार के इस फैसले के जमकर मजे लिए और क्रिटिसिज्म की सीमाएं पार कर डाली.
tags- #gstcouncilmeeting #55thgstcouncilmeeting #gstcouncil #gst #nirmalasitharaman #latestnews #breakingnews #gstcouncilmeeting2024 #gstcouncilmeetingupdate #gstcouncilmeet #2024gstcouncilmeeting #55thgstcouncilmeetinginjaisalmer #popcorngst #gstcouncilmeetingtoday #topnews #gstonpopcorn #news #popcorn #stockmarket #gstcouncilmeetingin2024
Also Read
GST Council Meeting: Flour Containing 70% Millet Exempted From GST; Tax On Molasses Slashed To 5% :: https://www.goodreturns.in/news/gst-council-meeting-flour-containing-70-millet-exempted-from-gst-tax-on-molasses-slashed-to-5-1304839.html?ref=DMDesc
~ED.70~HT.95~
tags- #gstcouncilmeeting #55thgstcouncilmeeting #gstcouncil #gst #nirmalasitharaman #latestnews #breakingnews #gstcouncilmeeting2024 #gstcouncilmeetingupdate #gstcouncilmeet #2024gstcouncilmeeting #55thgstcouncilmeetinginjaisalmer #popcorngst #gstcouncilmeetingtoday #topnews #gstonpopcorn #news #popcorn #stockmarket #gstcouncilmeetingin2024
Also Read
GST Council Meeting: Flour Containing 70% Millet Exempted From GST; Tax On Molasses Slashed To 5% :: https://www.goodreturns.in/news/gst-council-meeting-flour-containing-70-millet-exempted-from-gst-tax-on-molasses-slashed-to-5-1304839.html?ref=DMDesc
~ED.70~HT.95~
Category
🗞
NewsTranscript
00:00You must be going to the theater with your family and friends to watch a movie and enjoy popcorn in the meal.
00:11But do you know that now you are going to get this fun at an expensive price?
00:16In fact, in the 55th meeting of the GST Council held in Jaisalmer, Rajasthan, a major decision was taken on tax on popcorn.
00:24According to Flavor, the council has included popcorn in different slabs of GST, which means more money will have to be spent on buying it.
00:34So let's tell you everything about the popcorn business in detail in this video.
00:40The decision taken in the 55th meeting of the GST Council under the leadership of Union Finance Minister Nirmala Sitharaman on three types of tax on popcorn also includes new tax rates on popcorn.
00:53The council has agreed to impose not one but three types of GST rates on popcorn, which will be according to the flavors available in the market.
01:03The council's meeting agreed to impose GST on popcorn and the full details of tax rates on ready-to-eat popcorn have been revealed.
01:13If you pay attention to this, then the popcorn purchased by you is prepared with normal salt and spices and if it is not packaged or labeled, then GST will be imposed on it at a rate of 5%.
01:25If the popcorn with salt and spices is sold packaged and labeled, then the tax rate on it will increase by 12% instead of 5%.
01:35Not only this, if we talk about sugar-flavored popcorn, then you will have to pay the most when you buy it.
01:44In fact, according to the proposal agreed upon in the GST Council meeting, popcorn made from caramel like sugar has been placed in the category of sugar confectionery and GST will be imposed at a rate of 18%.
02:00It should be noted here that these taxes are already being imposed on popcorn, which have now been cleared by the GST Council.
02:07The explanation from the government has been said that it has been decided to regulate the tax on popcorn on the basis of how it is and where it is.
02:15According to the GST Council, no new tax has been imposed on popcorn.
02:21In this meeting, only the rates of the tax imposed earlier have been cleared.
02:25The reason for this is that some sectors were demanding different tax rates on it.
02:30In such a situation, these rates have now been cleared to solve any kind of controversy.
02:36Let me tell you that not only in India, but popcorn has a big business all over the world.
02:40And according to a report, last year in 2023, the business of popcorn in India was around 1200 crores and it is increasing continuously.
02:50On the other hand, its market has increased by more than 8 billion dollars all over the world this year.
02:57So what is your opinion on the GST Council meeting on which the tax slab has been cleared on popcorn?
03:06Give us your opinion in the comment box and keep watching Good Returns for such updates.
03:10Don't forget to like and subscribe to our channel.