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The #GSTCouncil's decision to impose different #tax rates on #popcorn—12% for salted/spiced and 18% for caramelized—sparked a flood of humorous reactions online, with users questioning the logic behind separate slabs for the same product. Here’s what netizens are saying👇🔗 https://www.read.ht/SeWn #GSTCouncilMeeting #NirmalaSitharaman

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Mayank Mohanka

Founder Director, TaxAaram India Pvt Ltd (taxaaram.com) | Partner: S M Mohanka & Associates| Tax Partner: Hindustan Times Group| FCA | Author | Tax Practitioner |16+ years experience in ITAT/AAR

11h

I wonder whether "Khatta Meetha Mixture" will still qualify as a "Namkeen" or not. Jokes apart, the clarification seems to be in alignment with the policy of higher GST rates for value-added products. Like the GST rate on Cardamom (Elaichi) is 5% but GST rate on flavoured & coated elaichi is 18%. Yesterday only I read a post on UK differential VAT rates on different types of chocolates. So, now a days, this tendency of fixing varying GST/VAT rates based on the value additions has become more common and has some merit also. But then the Legislature, should also not boast about simplifying and unifying tax regimes and rates.

Prakhar Kumar Srivastava

Valuation Associate at AKM Global | Ex Analyst at Citi | MBA in Global Finance Market | CIBOP offered by Imarticus Learning.

14h

Dear LinkedIn family, If had to troll, kindly troll whole government for same. She is a victim, there is a gun on her shoulder and the trigger is with alot others. May be soon she will be replaced, the government will show that they are not happy with gst rise. Is the decision was taken just by her, did the PM don't know about it. As said earlier, she is just a obeying the target given to her. Note - I am not related or funded by anyone for same. Also, I am a huge supporter of NDA on other fronts, excluding tax.

ramraj g

On Notice Period | Market Research | Analytics | Deloitte USI

9h

she doesnt need a reason to get trolled, she will get that unless she grows a spine a responds to the concerns of indian middle class.

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She's running it according to her own tastes. Nirmala ji caramel bauhat pasand hai kya.....🙏

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Soumit Ghosh

Project Mentor / Chief Engineer-Piping Lead Stress & Support (IPMA Level C)

15h

It's ironic that sometimes the popcorns cost more than the movie tickets itself at a multiplex. 🍿 With this disparity, The Rich are getting richer whereas the Poor are getting poorer

Sayed Ahsan

HSE Manager @ Khatib & Alami

15h

Another gift in Amrit Kaal ....... hai to Mumkin Hai!

Nitil D.

Data Architect | BI | Data Product | Denodo | Starburst | AtScale | Snowflake | Databricks | AWS | Tableau | PowerBI

15h

She has no idea how consumers and tax payers are getting impacted due to her bad decisions.

Loot Foot Ki Dukan, Even anybody wants to Sale Used Car or Two Wheeler, than 18 percentage GST ! 😎😎, If anybody wants to Sale Used Ornaments than Also GST ! So High Flyers Expansinces Can be Bare ! 😎😎😎😎😎

Making it difficult to identify as to which category it fits only to get audit notices in the end for the wrong selection of GST rate.

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Vignesh Ramanathan

Media Monitoring | Social Media Research & Listening | Secondary Research| AP Stylebook | PR Insights| Data Collection| Data Research and Analysis Editorials| Proof Reading| Summary Writing

10h

Soon GST will come for breathing, laughing and for humans too. Complete mess

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