𝗣𝗮𝗿𝗮𝗰𝗵𝘂𝘁𝗲 𝗶𝘀 𝗹𝗮𝗯𝗲𝗹𝗹𝗲𝗱 𝗮𝘀 𝗲𝗱𝗶𝗯𝗹𝗲 𝗼𝗶𝗹 𝗻𝗼𝘁 𝗵𝗮𝗶𝗿 𝗼𝗶𝗹, 𝘄𝗵𝘆 ?
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 Medial • 1m
parachute really said ‘why pay more when you can pay less?’ 💡
0 replies1 like
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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