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Edible oils in India are taxed at 5%, while hair oils and personal care products attract 18% GST.
Labeling as edible oil reduces the tax burden by 1
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Anonymous 1
Hey I am on MedialĀ ā¢Ā 1m
parachute really said āwhy pay more when you can pay less?ā š”
0 replies1 like
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How Parachute Outsmarted Indiaās Tax System & Saved Croresš¤Æš
Ever noticed that Parachute Coconut Oil never says "hair oil" on its bottle? Instead, itās labeled as ā100% Pure Edible Coconut Oil.ā This isnāt just a branding choiceāitās a smart tax-s