🚨BIG: GST on Popcorn in Theatres to Stay at 5%, Confirms Government Amid Social Media Uproar.
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In a major clarification, Government ‘sources’ as cited by multiple reports, have stated that popcorn served in cinemas will continue to attract only 5% GST, putting an end to fears of an 18% tax rate.
Amid recent controversy over Goods and Services Tax (GST) rates, the Indian government has clarified that caramel popcorn sold in movie theatres will continue to be taxed at 5%.
This decision comes after social media backlash regarding an 18% GST on caramel popcorn, leading to government sources specifying that the tax applies only to loose popcorn, categorized under 'restaurant service'.
Government officials emphasized that there has been no new imposition or increase in the GST rate for popcorn at recent council meetings.
However, the clarification was made in response to queries from states like Uttar Pradesh on the taxation of popcorn mixed with salt and spices, confirming that pre-packed or branded variants would face different rates.
This move aims to simplify tax structures for consumers enjoying snacks in cinemas.
The announcement has been met with relief by cinema-goers and theatre owners, ensuring that the cost of enjoying this popular snack remains unchanged in movie halls.
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@SanataniShakti