Coconut Oil Is Edible Oil With 5% GST, If Sold As Cosmetic 18% GST As Hair Oil: CJI Sanjiv Khanna

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.