Heritage Foods Limited — Important, 01-08-2025: Updates

Heritage Foods has received a favorable appeal order from the Additional Commissioner (Appeals), Hyderabad. This order reverses a previous GST refund rejection, allowing the company to claim a refund of Rs. 1.54 Cr. The amount pertains to voluntary GST payments on Flavoured Milk supplies from July 2017 to October 2021. This positive development will result in a cash inflow for the company.