Edible or hair oil? Supreme Court settles a 20-year-old debate on coconut oil

The Supreme Court resolved a long debate on coconut oil. The court decided its classification depends on how it's labeled and sold. Coconut oil meeting food standards is edible oil. If it meets cosmetic standards, it's hair oil. This ruling clarifies a two-decade excise duty dispute. The revenue department was seeking Rs 160 crore. Container size is irrelevant for classification.