GST Council Levies 5% Tax On Normal Popcorn And 18% On Caramelized Ones; Internet Bursts In Memes
In the 55th GST Council led by FM Nirmala Sitharaman, held on December 21 in Jaisalmer, Rajasthan, the GOI has decided to keep levying higher taxes on popcorns that are caramelized versus the normal ones. The council issued a clarification that normal popcorn will attract 5% GST, while pre-packaged and ready-to-eat labelled snacks will garner a 12% tax. Whereas caramelized popcorns will be levied with 18% GST. Per the Finance Minister, the pre-packaged ready-to-eat popcorn is mixed with salts and spices and hence categorized under ‘namkeen’ thereby attracting the 5% and 12% taxation. Meanwhile, the caramelized popcorns are mixed with sugar, which thereby changes the characterization. Per the government, it becomes a sugar confectionary post caramelization; hence the 18% GST. Does that make sense?
According to the GST Council’s clarification, ready-to-eat popcorn will be taxed at 5%, pre-packaged popcorn will be subject to 12% GST, & caramel popcorn will attract 18% GST. #WATCH#gst #popcorn pic.twitter.com/zHw2xQUnyX
— CNBC-TV18 (@CNBCTV18News) December 21, 2024
One netizen remarked, “India here acting like their whole economy depends on salted or caramelized popcorn.” Another wrote, “Pani puri khatta 5% GST. Pani puri meetha 18% GST.” Yet another jibed, “Chennai sambar is namkeen, hence 5% GST. Bengaluru sambar is sweet, hence 18% GST.” Hope the FM doesn’t tax memes in the future. Or this account will be gone for good.
Nirmala tai after watching people order popcorn 😅#GST pic.twitter.com/cu0RB4iOQU
— Finance Memes (@Qid_Memez) December 22, 2024
Namkeen Vs Sweet pic.twitter.com/TygxxhnLtz
— Congress Kerala (@INCKerala) December 22, 2024
Coming soon….
Chaddi under jeans – 18% GST
Chaddi under trousers – 12% GST
Chaddi under Dhoti – 5% GST pic.twitter.com/bKwXZCn6oX
— Judish Raj🇮🇳 (@JudishRaj) December 21, 2024
🤣🤣🤣 pic.twitter.com/snYRRhEALp
— Брат (@B7801011010) December 22, 2024
18% GST lagega beta. We treat pani puri with sweet filling little differently pic.twitter.com/3BYeTE6lvz
— 𝕲𝖆𝖓𝖊𝖘𝖍 * (@ggganeshh) December 22, 2024
pic.twitter.com/w9qwVaVk5D
— Buggy Human (@SridharanAnand) December 21, 2024
Video of this horror movie that you can see while having some popcorn🤠 pic.twitter.com/jYA9uvUgl6
— Alok Jain ⚡ (@WeekendInvestng) December 21, 2024
pic.twitter.com/su9GUB6nXW
— SaiBol (@Saichand_Kasi) December 22, 2024
pic.twitter.com/7uDMtS88OB
— Ajay Singh T 🇮🇳 (@DashingDjango) December 22, 2024
India out here acting like the economy depends on if your popcorn salty packaged or caramel
— 47Sha (@47Sha__) December 21, 2024
Pani Puri Khata Meetha 18%
— CA Akash Singroli (@akash_singroli) December 22, 2024
Chennai Sambhar is namkeen – 5% GST
Bangalore Sambhar is sweet – 18% GST
— peeleraja (@peeleraja) December 22, 2024
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