A Coconut Oil conundrum lingers in Supreme Court [Read Split Verdict]

Malabar

Would coconut oil packaged in “small containers” be classified as edible oil or hair oil for the purpose of taxation?

The Supreme Court Bench of Justice Ranjan Gogoi and R Banumati were unable to arrive at a consensus to put this issue to rest. After delivering a split verdict in the matter, the case has been directed to be placed before Chief Justice Dipak Misra for appropriate orders.

The Bench was . . .

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