If labeled and regulated as edible oil, it falls under that category, even in small packaging. The court rejected the revenue department's argument that small containers automatically meant hair ...
India’s edible oil imports increased by 38 per cent in the first month of the oil year 2024-25 (November-October) due a significant rise in imports of RBD palmolein, crude sunflower oil and ...
The Supreme Court settled a 15-year dispute, classifying small-packaged coconut oil as edible oil with a lower 5% GST, unlike the 18% levied on hair oil. This benefits FMCG companies and consumers.
With vegetable inflation — 42.23% in October and 29.33% in November — expected to soften on the back of improved winter season supplies, two main commodities of concern remain: wheat and edible oils.