Announced Wed, 30 Jul · 17:46 IST

Update on GST Litigation for the FY 2020-21, 2021-22, 2022-23 and 2023-24

Court Stay ObtainedRegulatory & Legal View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Raj Packaging Industries has provided an update on its ongoing GST disputes with the Telangana Commercial Tax Department across four financial years. For FY 2020-21, the company had filed a writ petition before the Hyderabad High Court, which has granted a stay on recovery proceedings; the case was adjourned to 01.09.2025 with the stay extended. For FY 2021-22, the company filed an appeal on 30.06.2025 before the GST Appellate Authority in Telangana. For FY 2022-23 and FY 2023-24, appeals were filed on 19.07.2025 before the same Appellate Authority. All four matters remain pending and the company has committed to providing further updates as they develop.

Likely market impact

The court stay on FY 2020-21 protects the company from immediate recovery action, which is a temporary positive for shareholders. However, the multi-year GST dispute remains unresolved across all four years and continues to be an overhang, with the financial impact depending on the eventual outcome of these appeals.