Croatia pip Denmark to enter FIFA World Cup quarters
Nizhny Novgorod (Russia), July 2 :Croatia defeated Denmark 3-2 (1-1) via penalty shootout here on Sunday to enter the FIFA World Cup quarter-finals.
After an ethralling start to the match which saw Mathias Jorgensen for Denmark and Mario Mandzukic for Croatia score within just four minutes, the teams could not be separated.
In the penalty shootout, Ivan Rakitic scored Croatia's fifth attempt to send them into the last eight stage.
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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.
