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Composition Rate Coconut Oil

jerrins joy (33 Points)

18 October 2021  
please share the composition rate of Tax of Coconut oil

 1 Replies

Rama chary Rachakonda (Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)   (2905 Points)
Replied 18 October 2021

The Council's Fitment Committee had recommended that coconut oil, packed and sold in containers less than one litre should be classified as hair oil, and taxed at the 18% rate.


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