Brief by Shorts91 Newsdesk / 10:57am on 04 Sep 2025,Thursday India
The GST Council has ended confusion over popcorn tax. From September 22, all salted and spiced popcorn, whether loose or packed, will be taxed at 5%. Caramel popcorn will remain under the 18% slab as it is classified as confectionery. Cream buns will also attract only 5%, instead of the earlier 18% pastry rate. The 56th GST Council meeting, chaired by Finance Minister Nirmala Sitharaman, also announced a simplified two-slab structure of 5% and 18%. Sin and luxury goods will be taxed at 40%. Health and life insurance premiums have also been exempted from GST. (PC: News18)
