Dodla Dairy has successfully overturned GST demand orders, securing a favorable ruling that allows the company to claim a refund. The Andhra Pradesh High Court has set aside GST demand orders, aligning with a previous ruling from the Appellate Authority. This decision enables Dodla Dairy to recover a significant amount, although the specific figure of 7.8 million rupees is not confirmed in recent reports. The company had initially faced a GST demand of ₹3.09 crore for flavored milk, which has been resolved in their favor. This outcome is positive for Dodla Dairy's financial position and highlights the importance of accurate GST classifications.
Source: Finance Saathi, MoneyControl, Screener