Expensive popcorn, beverages keep audience at bay, says Teja
6 days, 23 hours ago

Expensive popcorn, beverages keep audience at bay, says Teja

Deccan Chronicle  

Director Teja is worried over depleting theatre footfalls with Finance Minister Nirmala Sitaraman levying GST of 5 to 18% on varied forms of popcorn. He also cites the example of Hindi cinema in Mumbai, where the exorbitant rates of food and beverages have forced audiences to stay away from theatres. The director who is known for his frankness, adds, “Recently, exhibitors had to shut down theatres due to low footfalls and audiences are also wary about food rates in multiplexes. The huge cost of popcorn and cool drinks in multiplexes is killing cinema and viewership too since snacks at multiplexes cost 4-5 times more than single-screen prices,.” he concludes.

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History of this topic

GST To Remain @5% On Popcorn Sold In Theatres, Clarifies Govt
1 week, 6 days ago

GST To Remain @5% On Popcorn Sold In Theatres, Clarifies Govt

Live Law  

The Finance Ministry in its 55th Meeting of the GST Council, clarified that ready to eat popcorn which is mixed with salt and spices are classifiable under HS 2106 90 99 and attracts 5% GST if supplied as other than pre-packaged and labelled and 12% GST if supplied as pre-packaged and labelled. However, when popcorn is mixed with sugar thereby …

Will popcorn sold in movie theatres become more expensive? Here's how much GST will be levied
Trending News
2 weeks, 2 days ago

Will popcorn sold in movie theatres become more expensive? Here's how much GST will be levied

Hindustan Times  

Popcorn sold in movie theatres in loose form will continue to attract GST at the same 5% as they do at restaurants, news agency PTI reported. Netizens troll Centre over popcorn tax slabs However, when popcorn is clubbed and sold together with the movie ticket, it would be treated as a composite supply and taxed as per the applicable rate …

GST On Popcorn: Report Says No Hike In Tax On Snack, Loose Popcorn In Theatres To Still Attract 5% Tax
2 weeks, 2 days ago

GST On Popcorn: Report Says No Hike In Tax On Snack, Loose Popcorn In Theatres To Still Attract 5% Tax

ABP News  

After the GST Council decided to levy varying tax slabs on popcorn depending on its preparation and mix, now media reports have emerged stating that no increase has been implemented in GST applicable on the product. Citing sources, Moneycontrol reported that the announcement regarding popcorn in the GST Council meeting was made to clarify the classification and tax slab applicable …

Costly popcorn killing cinema, says director Teja
7 months, 3 weeks ago

Costly popcorn killing cinema, says director Teja

Deccan Chronicle  

Popular director Teja is known for his frankness and for giving a fresh perspective to a topic. With exhibitors shutting down theatres due to low footfalls, he says that audiences are also wary about food rates in multiplexes. "The huge cost of popcorn and cool drinks in multiplexes is killing cinema and viewership too," he says and adds, "Snacks at …

Man complains about high prices at movie theatre, PVR responds
1 year, 5 months ago

Man complains about high prices at movie theatre, PVR responds

Hindustan Times  

Due to the steep prices, cinemagoers often face a dilemma when purchasing snacks and beverages at movie theatres. After paying high prices for popcorn and a beverage, he took to Twitter to raise concerns about the exorbitant prices of snacks and beverages, in addition to the movie ticket by multiplex chains. The journalist shared this invoice after he paid ₹ …

Cheap popcorn, cola at cinema halls after GST Council slashes tax rates by 13%
1 year, 5 months ago

Cheap popcorn, cola at cinema halls after GST Council slashes tax rates by 13%

India Today  

In a delight for moviegoers, the Goods and Services Tax Council, headed by the Union finance minister and comprising representatives of all states and UTs, on Tuesday made munching at cinema halls easier on pockets by deciding to lower the service tax levied on food and beverages to 5% from 18%. Food and beverages are an important source of earnings …

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