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GST

Taxation Gone Awry

During its 55th meeting, the GST Council clarified that tax treatment for popcorn would depend on its flavour and the way it was sold; while popcorn sold loose will be taxed at 5 per cent, GST on popcorn will incre a se to 12 per cent if it was sold in packets under a brand name, while caramelised popcorn would be taxed at 18 per cent.

Pending funds: Didi seeks meet with PM

Chief Minister Mamata Banerjee has sought an appointment with Prime Minister Narendra Modi to demand the state’s legitimate share of GST collected by the Central government from West Bengal