MAM
Palasa wins Housefull and Rawwar’s creative biz
MUMBAI: Creative house Palasa has won the accounts for a low cost furniture brand, Housefull and soon to be launched fashion brand, Rawwar.
Rawwar will be launched in February 2012.
Palasa has won Housefull‘s creative duties by just recommending them a communication strategy and a defined path to make Housefull a reliable furniture brand in the industry. The communication strategy gives a lift to the catalogue advertisement the company said in an official statement.
Palasa director Sandeep Bomble said, “It feels good to win the accounts. In case of Housefull, it‘s a challenge to shape up a catalogue ad and make it a brand. We are excited about it.”
The creatives will be done across mediums from above-the-line (ATL) to below-the-line (BTL). The media spent is estimated to be from Rs 120 – 150 million.
Housefull is on expansion spree and plans to open maximum number of stores across India in the year 2012. “We saw this as a great opportunity to make Housefull ‘the‘ household furniture Brand of India,” Bomble added.
“To survive in this ever evolving fad, being raw isn‘t good enough. To overcome, situation demands a reverse in trend. o announce a war, a fashion war. The idea is in the name itself, as the mirror reflection of Raw is War. And with Rawwar, it‘s a win-win situation. The target is younger audience and it is an affordable brand. The brand is coming up with apparels ranging from denims to T-shirts and shirts for men and women. Apparently, we are also designing the T-Shirts and the exclusive retail outlets for the brand,” he said.
The approximate media spent for Rawwar would be around Rs 30-40 million in the initial phase.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI:Â 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.
