The matter has now been posted by the High Court on 15.07.2025 for further proceedings along with a stay on the recovery proceedings until the matter is decided
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Raj Packaging Industries had received a GST order under Section 74 of the GST Act for FY 2020-21 from the Commercial Tax Department in Hyderabad, against which the company filed a writ petition. The Telangana High Court heard the matter on May 02, 2025, where the department sought four weeks to file its counter affidavit. The Court has now posted the next hearing for July 15, 2025 and, importantly, granted a stay on all recovery proceedings until the matter is finally decided.
Positive for shareholders — the stay on recovery means the company is not required to pay the disputed GST demand immediately, providing financial relief while the legal challenge continues. However, the underlying tax liability remains contingent on the Court's final ruling.