MAM
Hawaii ties with Walt Disney studios to promote new Disney flick
The Hawaii Visitors and Convention Bureau (HVCB) and The Walt Disney Studios have announced an agreement with multiple opportunities for a global alliance around the release of Disney’s next animated motion picture, Lilo & Stitch.
The marketing deal will support the film’s release in theatres, on video, DVD, and television in the US and internationally, as well as promote Hawaii as a tourist destination. The alliance, the first of its kind in the motion picture industry, promises support for Lilo & Stitch franchise initiatives worldwide, including consumer media, trade support, sweepstakes prizing, online support and premiere. Through the integration of Hawaii with Disney’s synergy divisions, both entities will be able to optimise the relationship in their global marketing efforts, says a company release. HVCB’s agreement with Disney is contingent on funding on a yearly basis and includes the opportunity to work with mutually agreed upon Hawaii partners, the release adds.
A key component of the Disney/HVCB global alliance is its extensive programme on the World Wide Web with Disney Online, including sponsorship of the film’s official “Super Site”. The on-line programme begins with the film’s initial domestic release on 21 June, and continues through all worldwide territories and later extends to its video and DVD release. Other Internet initiatives include creative integration of interactive media on Disney.com and FamilyFun.com, as well as the creation of games, screensavers, downloadable images, and e-mail newsletters. Lilo and Stitch deals with a young girl’s close encounter with the galaxy’s most mischievous extraterrestrial.
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.
