MAM
Adfest 2016: Dentsu’s Yoshiro Yagi is Design & Print Craft Lotus jury president
MUMBAI: Dentsu Inc CD Yoshiro Yagi has been appointed Design Lotus & Print Craft Lotus jury president at Adfest 2016.
“I’m really glad that I can come back to Adfest as the Jury President for Design and Print Craft. I love the different aesthetics that originate in Asia, and I’m very excited about discovering new works created by some of the best designers and art directors in the world,” says Yagi.
Yagi is one of the most internationally awarded art directors in Japan, and perhaps in Asia. After leaving high school temporarily to hone his talents as a rhythmic gymnast, he later discovered his passion for creativity and enrolled at Kyoto University of Art and Design. After graduating, he joined Dentsu in 2001 to start his career as an art director. Since then, he has won over 150 awards including two Grand Prix at Adfest, Best of Design at One Show, and 28 Lions at Cannes.
He has worked for major clients such as East Japan Railway, Panasonic, Honda and Menicon.
“Yoshihiro has an eye for simplicity, but he is also fascinated with mixing and editing different media forms, which is what makes him unique as an art-trained Creative Director. Not only does he understand the principles of good design, but he also knows when to break the rules, which is why he’ll make such an excellent Jury President of Design and Print Craft at Adfest 2016,” adds Adfest president Jimmy Lam.
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.
