Relief for coconut oil makers: SC classifies small packs as edible oil for taxation
5 days, 22 hours ago

Relief for coconut oil makers: SC classifies small packs as edible oil for taxation

Live Mint  

New Delhi: The Supreme Court on Wednesday ruled that small bottles of coconut oil should be classified as edible oil for taxation purposes, resolving a 15-year-long legal dispute between the excise department and manufacturers. The Supreme Court’s judgement follows a decade-long debate that began in 2009, when the Customs, Excise and Service Tax Appellate Tribunal ruled that small-pack coconut oil should be classified as edible oil under Heading 1513 Central Excise Tariff Act, 1985. Rejecting the argument based on marketing visuals, the court observed, “The Revenue also laid stress on the fact that Shanti Coconut Oil was marketed in containers depicting a popular film actress with flowing tresses and it was contended that in the light of such marketing, the oil sold was obviously meant for use as ‘hair oil’ and not as ‘edible oil’. Saurav Agrawal, Advocate at the Delhi High Court, added, “The Supreme Court’s classification of small-pack coconut oil as edible oil marks a pivotal moment, balancing legal clarity with economic practicality.

Tax Court Hair Revenue Coconut Supreme Small This Decision Excise Edible Coconut Oil Hair Oil Edible Oil Marico Parachute Oil Makers Small Bottles  relief  classifies  marico  sc  court  small  revenue  oil  makers  hair  supreme  packs  edible  excise  taxation  tax  coconut

History of this topic

Coconut Oil Classifiable As 'Edible Oil' For Central Excise Tariff; If Sold As Cosmetic, Taxable As 'Hair Oil' : Supreme Court
Trending News
5 days ago

Coconut Oil Classifiable As 'Edible Oil' For Central Excise Tariff; If Sold As Cosmetic, Taxable As 'Hair Oil' : Supreme Court

Live Law  

The Supreme Court has held that pure coconut oil, packaged and sold in small quantities ranging from 5 ml to 2 litres, would be classifiable as 'Edible oil' for the purposes of the Central Excise Tariff Act, 1985. "we are of the opinion that pure coconut oil sold in small quantities as 'edible oil' would be classifiable under Heading 1513 …

Coconut Oil Classifiable As 'Edible Oil' For Central Excise Tariff; If Sold As Cosmetic, Taxable As 'Hair Oil' : Supreme Court
Trending News
5 days ago

Coconut Oil Classifiable As 'Edible Oil' For Central Excise Tariff; If Sold As Cosmetic, Taxable As 'Hair Oil' : Supreme Court

Live Law  

The Supreme Court has held that pure coconut oil, packaged and sold in small quantities ranging from 5 ml to 2 litres, would be classifiable as 'Edible oil' for the purposes of the Central Excise Tariff Act, 1985. "we are of the opinion that pure coconut oil sold in small quantities as 'edible oil' would be classifiable under Heading 1513 …

Coconut oil ‘edible’, to invite tax cut: SC ruling on small packs
5 days, 10 hours ago

Coconut oil ‘edible’, to invite tax cut: SC ruling on small packs

Hindustan Times  

New Delhi For 15 years, the Supreme Court has wrestled with a slippery question: Is a small pack of coconut oil for cooking or for hair care? The revenue department argued that small packs of coconut oil are primarily purchased as hair oil, citing market surveys to back its claim. It also noted that coconut oil was clearly identified as …

Edible oil or cosmetic? Small coconut oil packs pose a big tax question
1 month ago

Edible oil or cosmetic? Small coconut oil packs pose a big tax question

Live Mint  

NEW DELHI : A tiny bottle of coconut oil--Would you use it to cook up a meal, or to nourish your hair? On 17 October, the Supreme Court reserved its order on whether coconut oil sold in packs up to 200ml should be taxed as edible oil or a hair care product. A ruling clarifying the edible oil classification could …

Discover Related