The Bombay High Court will rule on whether donuts should be taxed at 5% as restaurant food or 18% as bakery products, with Rs 100 crore in tax at stake for Mad Over Donuts.
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. The court clarified that coconut oil labelled for hair use, even in small bottles, would be considered hair oil.