Keen Learner and Exp... • 4m
An Edible Hair Oil? Do you know you can use Parachute coconut oil as an hair oil and also an edible oil. As per the parachute bottle it is 100% pure edible coconut oil and is also licensed by FSSAI and the insane part, it does not says anywhere as "hair oil" on the bottle. Q. But if everyone uses it as an hair oil why does parachute says it as edible oil? The answer is GST where an edible oil has 5% GST rate a Hair oil has 18% GST rate so by classifying itself as an edible oil parachute could be saving crores in extra profits. Q. But how did the tax authorities allowed this? Well they didn't in 2005 they filled a case against parachute which went all the way to the supreme court who gave judgement in favour of parachute since it meets all the requirements of edible oil therefore it is classified as an edible oil.
Thatmoonemojiguy 🌝 • 3m
How Parachute Outsmarted India’s Tax System & Saved Crores🤯🌝 Ever noticed that Parachute Coconut Oil never says "hair oil" on its bottle? Instead, it’s labeled as “100% Pure Edible Coconut Oil.” This isn’t just a branding choice—it’s a smart tax-s
See MoreBussiness Developmen... • 1y
Hi to everyone this is venkatesh recently I created a hair oil which makes strong hair ,removal of dandruff and removal of hairfall but the compition is very high in this field but no hair oil like this in the market Our hair oil mainly focus on
See MoreImport and export y • 6m
Exporting coconut and coconut oil can be a lucrative business due to their high demand globally. Here are the details you need to know about the process: 1. Market Research Identify Target Markets: Research countries with high demand for coconuts an
See MorePure Food Products M... • 5m
I am start-up to produce pure edible oil for healthy life. As the name of my brand we commit to serve only pure edible oil to world. So we are looking for cofounder to grow my vision. Also help us to build Aadhyatmik Hotel, Aadhyatmik restaurant Aa
See MoreHey I am on Medial • 6m
Namaskar Sriman, This is Balagangadhar, I am a ayurvedic hair oil manufacturer, which i started in 2013 but due to lack of investment I can't go forward, want investor to establish it as an Industry. For licencensing, raw material and for machinery.
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