Pure coconut oil packaged and sold in small quantities ranging from 5 ml to 2 litres would be classifiable as 'edible oil' ...
The order will provide clarity for taxation purposes as edible oils attract lower GST compared to non-edible ones ...
Ending a 15-year-long legal battle between the Excise Department and manufacturers, the Supreme Court has ruled that small ...
The court clarified that if coconut oil is packaged in small bottles and labelled for use on hair, it should be classified as ...
The top court has ruled that coconut oil in small packages will be classified as edible oil, which means that it will attract ...
The Supreme Court settled a 15-year tax dispute. Coconut oil in small packs is edible oil. This applies unless it is ...
Since 2017, with the introduction of the new GST regime of taxation, coconut oil carries are taxed at a 5% rate whereas ...
The judgment comes as a relief to manufacturers and consumers alike, bringing clarity to a protracted tax dispute.
The Supreme Court has held that pure coconut oil, packaged and sold in small quantities ranging from 5 ml to 2 litres, would ...
The Supreme Court settled a 15-year dispute, classifying small-packaged coconut oil as edible oil with a lower 5% GST, unlike ...
The court, however, clarified that if coconut oil is packaged in small bottles and labelled as hair oil, it should be classified as hair oil under the Central Excise Tariff Act, 1985 ...
In a landmark judgment, the Supreme Court settled a 15-year-old dispute on the classification of coconut oil, and ruled that ...