Key Development The Food Safety and Standards Authority of India (FSSAI) has imposed a Rs. 1,00,000 penalty on Marico, the FMCG company behind brands such as Parachute, Saffola, Livon, and Nihar. The penalty, issued under Section 52 of the Food Safety and Standards Act, 2006, relates to alleged misbranding of certain product samples at a
READ MOREReport The Supreme Court (SC) has settled a 15-year dispute over the classification of pure coconut oil under the Central Excise Tariff Act of 1985. The three-member bench ruled that companies must classify coconut oil sold in small quantities, ranging from 5 ml to 2 litres, as ‘edible oil,’ unless they label it as a
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