Gone Bananas: Pazhampori set to be doused in 18% GST

The AAR has ruled that Pazhampori, a popular banana fritter snack, will attract 18% GST. This decision comes as part of a broader trend where pre-packaged, ready-to-eat food items are being categorized under higher tax slabs. The ruling clarifies that such snacks, including various forms of processed and packaged food, will not be exempt from the 18% tax. This decision has stirred debate among food industry stakeholders, as it may increase the cost of popular snacks. It also highlights the need for businesses to align their tax strategies with changing regulations.