Coconut Oil

Kerala launches quality mark with coconut oil to boost global presence

Kerala rolls out 'Kerala Brand' certification to give local products a global identity, starting with coconut oil, and expanding to coffee, tea, honey and more

Edible oil body SEA urges govt to allow coconut oil imports as prices surge

Solvent Extractors Association (SEA) on Friday urged the government to allow short-term imports of coconut oil and copra to tackle domestic price volatility, as coconut oil prices have tripled in the past year. The industry body requested that the government take urgent action by permitting imports for an interim period of 6-12 months to manage the current crisis and retain consumer interest in coconut oil. "We request the government to take urgent actions to address this situation by allowing the import of copra and coconut oil for the interim period," SEA said in a representation to concerned ministries. Coconut oil prices have surged to over Rs 400 per kg at the wholesale level from around Rs 130 a year ago, prompting consumers to shift to alternative oils like palm and sunflower. The association said India's coconut production has been under stress for two years due to pest attacks, resulting in a 40 per cent drop in yields. "This demand for coconut oil may shift permanently,"

SC classifies small bottles of coconut oil as edible; to be taxed at 5% GST

The court, however, clarified that if coconut oil is packaged in small bottles and labelled as hair oil, it should be classified as hair oil under the Central Excise Tariff Act, 1985

Marico's consolidated revenue grew in low single digits in Jan-Mar quarter

India business volume growth improved slightly over the preceding quarter, staying in mid-single digits

World Coconut Day 2022: Wishes, WhatsApp status and top 10 facts

World Coconut Day 2022: World Coconut Day will be celebrated globally to acknowledge the importance of coconuts in our life. What is its origin? Why is it celebrated? Read this article to know better

Marico's India business volume declines in mid-single-digits in Q1

The company's Parachute coconut oil also recorded a marginal volume decline in the quarter

GST Council: Kerala to oppose move to increase tax on coconut oil

Kerala will oppose the move to increase the tax on coconut oil as it will affect the interests of the people of the state, official sources said here on Thursday.

Coconut oil in less than 1-litre bottle may soon attract 18% GST

Coconut oil sold in a container of 1,000 ml or above would be taxed as edible oil and attract 5 per cent GST

Health benefits of 'superfood', coconut oil are being called into question

Growing up, I was told that coconut oil was not only good for topical application, it also had various health benefits when consumed in moderation