China's Su Bingtian equals 100m Asian record
Paris, July 1 : China's star sprinter Su Bingtian continued his soaring form into the current season as he clocked 9.91 seconds to finish third in the men's 100 meter race at the Paris leg of the 2018 IAAF Diamond League, levelling the Asian record for the second time in nine days.
A quick reaction time of 0.127s gave Su an early boost but he was outraced by Ronnie Baker of the US right in front of the finish, reports Xinhua news agency.
Baker wrapped up his thrilling victory with a tied world leading time of 9.88s on Saturday.
Su and Frenchman Jimmy Vicaut both clocked 9.91s, and were separated by the photo finish with Su settling for the third place with a deficit of three-thousandths of a second.
Last Friday, Su achieved such feat for the first time in Madrid, cutting 0.08s off his career best while improving the national record by 0.06s. He also leveled the continental record set by Femi Ogunode of Qatar three years ago.
Su, 28, has been enjoying a flying start in 2018. He bettered the 60m Asian indoor record for three times before earning a silver medal at the World Indoor Championships in Birmingham.
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GST Council clarifies on popcorn taxation
Jaisalmer, Dec 21: The GST Council on Saturday agreed to issue a clarification on the taxation of popcorn, stating that pre-packed and labelled ready-to-eat snacks will attract a 12% tax, while an 18% GST will be levied if the popcorn is caramelised.
There is no change in the tax rate for popcorn, and the GST Council has decided that the Central Board of Indirect Taxes and Customs (CBIC) will issue a circular clarifying the current taxation regime for popcorn.
"Ready-to-eat popcorn," which is mixed with salt and spices and has the essential character of namkeens, currently attracts a 5% GST if it is not pre-packaged and labelled.
If it is supplied as pre-packaged and labelled, a 12% GST is levied.
However, when popcorn is mixed with sugar (caramel popcorn), its essential character changes to that of a sugar confectionery, and it would therefore be classified under HS 1704 90 90, attracting an 18% GST, as per the clarification.
