MAM
Salman Khan appointed brand ambassador of Suzuki Motorcycle
MUMBAI: Suzuki Motorcycle India has appointed Salman Khan as its first brand ambassador for India.
Khan will spearhead the company‘s above-the-line and below-the-line initiatives. Said Suzuki Motorcycle India national marketing head Anu Anamika, “It was important to find a human face who can best portray and project our brand and product promise. Salman Khan is a passionate biker and a discerning brand endorser. We also find broad synergy in his social initiatives such as ‘Being Human‘.”
The first campaign featuring Khan will be based on the recently launched mass market motorcycle, Hayate, that will hit the market shortly.
By 2013, Suzuki Motorcyle plans to increase its annual capacity from the current 360,000 units to 540,000 units while doubling the sales and service network in the next two years.
It is also expected to set up a second plant in Haryana at a cost of Rs 20 billion with a capacity for 2 million units. The plant will start its operations in 2014.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI: Jubilant FoodWorks Limited has landed in a tax tussle after receiving a GST demand of Rs 47.5 crore from the office of the additional commissioner of CGST and central excise in Thane, Maharashtra.
The order, issued under the provisions of the Central Goods and Services Tax Act, 2017, relates to an alleged incorrect classification of certain services under the category of restaurant services. According to the tax authorities, this classification resulted in a short payment of goods and services tax for the period between the financial years 2019-20 and 2021-22.
The demand includes Rs 47.5 crore in GST along with an equal amount as penalty, in addition to applicable interest. The order was received by the company on March 13, 2026.
In a regulatory filing to the BSE Limited and the National Stock Exchange of India Limited, the company said it disagrees with the order and believes its arguments were not adequately considered.
The company is preparing to challenge the decision and plans to file an appeal. It added that once the redressal process is complete, the demand is likely to be dropped.
Despite the sizeable figure attached to the notice, the company said it does not expect any material impact on its financials, operations or other activities.
The disclosure was signed by Suman Hegde, EVP and chief financial officer, who confirmed that the company received the order at 19:06 IST on March 13 and has already initiated steps to contest it.
The development places the quick service restaurant major in the middle of a tax debate that could hinge on how certain restaurant-linked services are classified under GST rules. For now, the company appears ready to take the matter from the tax office to the appeals desk.
