Differential GST for coconut oil a ‘replay’ of 2009 excise move
The Hindu
The Council’s Fitment Committee had recommended that coconut oil, packed and sold in containers less than one litre should be classified as hair oil, and taxed at the 18% rate.
The GST Council may have put off a proposal to tax coconut oil sold in pack sizes below one litre at 18% instead of 5% levied on edible oils, but industry observers are puzzled at the idea as similar moves in the pre-GST tax regime had been challenged successfully.
The Council’s Fitment Committee had recommended that coconut oil, packed and sold in containers less than one litre should be classified as hair oil, and taxed at the 18% rate levied on personal care items, while the 5% GST could continue for the same oil when sold in containers of one litre or more.
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