MAM
Preity Zinta, Hrithik Roshan win big at Samsung IIFA Awards
MUMBAI: Preity Zinta and Hrithik Roshan will be big winners tonight as they will be awarded the Samsung Diva award and the Samsung Style Icon award respectively at the Samsung IIFA Awards 2005 today.
Samsung Style Icon and Samsung Diva awards are given at the Samsung IIFA Awards every year to the film actor / actress who epitomises the best of style and looks, personality and performance, and most importantly, is rated best on these parameters by the common man.
Samsung India had carried out an online voting process on the Samsung India website between 20 May – 5 June 2005 for selecting the recipient of the Samsung Style Icon and Samsung Diva awards.
This was also promoted extensively on other sites like indya.com and msn.com. The company received a phenomenal response to this online voting contest and both Hrithik and Preity won by a convincing margin.
“The Samsung Style Icon and Samsung Diva awards have been growing in popularity year on year, if we consider the response to the online contest that is being carried out, as an indicator,” said Samsung India deputy managing director Ravinder Zutshi.
This is the third year in succession that these awards are being given away by Samsung at the Samsung IIFA Awards. Over the past couple of years these awards have been bagged by Fardeen Khan and Rekha in the year 2003, and Saif Ali Khan and Kareena Kapoor in 2004.
Samsung IIFA Awards 2005 are being held in Amsterdam and the two awards will be given away by Zutshi.
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.
