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Heritage Foods Secures GST Refund in Favorable Ruling

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Heritage Foods Secures GST Refund in Favorable Ruling

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The latest announcement is out from Heritage Foods Limited ( (IN:HERITGFOOD) ).

Heritage Foods Limited announced a favorable decision from the Joint Commissioner of Central Tax, Chennai, regarding a refund of GST paid under protest on flavored milk supplies in Tamil Nadu. The company will receive a refund of Rs. 77.95 lakhs, which positively impacts its financials and resolves previous disputes over GST payments, enhancing its operational efficiency.

More about Heritage Foods Limited

Heritage Foods Limited operates in the food industry, focusing primarily on dairy products. The company is known for its production and distribution of milk and milk-based products, catering to a wide market in India.

Average Trading Volume: 37,331

Technical Sentiment Signal: Buy

Current Market Cap: 42.06B INR

For an in-depth examination of HERITGFOOD stock, go to TipRanks’ Overview page.

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