MAM
Tata CLiQ and Times Prime announce strategic alliance
Mumbai: Premium lifestyle membership Times Prime has collaborated with e-tailer Tata CLiQ to offer its shoppers complimentary memberships, starting August this year.
The customers shopping in Tata CLiQ electronics category will be able to add their complimentary Times Prime membership to their orders. This would give them easy access to benefits across categories like entertainment and OTT, shopping, health and fitness, essentials, fine dining and more from global leaders, said the statement.
The all-encompassing membership also provides access to curated experiences like live concerts, masterclasses from industry experts in areas of health & fitness, business & finance, real estate, VIP access to entertainment festivals, and privileged stay at luxury accommodations, it added.
“Times Prime is appreciated not only for the range of benefits that are included in the membership but also for the experiences that are loved by our members,” said Times Prime business head Harshita Singh. “We look forward to this partnership with Tata CLiQ to offer a more rewarding online shopping experience for their customers.”
“We believe the prospect of gaining instant access to so many benefits would add incredible value to our world-class shopping experience,” added Tata CLiQ CMO Kishore Mardikar.
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.
