India’s consumers are spoilt for choice when it comes to popcorn — and it is a question of tax as much as taste. Sales tax is 5 per cent for salted loose popcorn, 12 per cent for packaged popcorn and a hefty 18 per cent for caramelised popcorn.
The three-tier popcorn tax is for many emblematic of a goods and service tax that has long been criticised for its labyrinthine and confusing classifications.
This week, ministers and states are set to approve the biggest reform to this tax in years, a move that Prime Minister Narendra Modi hopes will better equip India to withstand trade tensions with the US — and boost sales of popcorn as well as other goods.
您已阅读14%（657字），剩余86%（4013字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。