MAM
Admitad India announces its partnership with India Affiliate Summit & Awards 2019, organized by IAMAI
MUMBAI: Underlining its position as a domain leader in the Indian affiliate marketing industry, Admitad India has announced its association with India Affiliate Summit & Awards 2019 (#IAS19). Organized by IAMAI, the 5th edition of the premier affiliate marketing event will be held at The Leela Ambience, Gurugram, on September 26th and 27th.
Themed ‘Re: Imagine’, the latest edition of the largest annual gathering of affiliate marketers will focus on charting out an innovative and lucrative future for the country’s growing affiliate marketing industry. Admitad India is honored to be the ‘Powered By’ partner of IAS 2019.
This year’s India Affiliate Summit will witness the convergence of more than 2,700 delegates, 500 companies, and 70 exhibitors. With the overarching goal of bringing together the brightest minds of the affiliate marketing industry, the summit will spark meaningful conversations around the growth of affiliate marketing with performance-based partnerships at its core.
The summit will also provide the backdrop for India Affiliate Awards – a celebration of the most innovative and effective advertisers, agencies, publishers, networks, and technology solution providers in the industry.
At the summit, Ms. Neha Kulwal (CEO – Admitad India) will be sharing her insights on the ‘Importance of affiliate marketing in M-commerce’. Attendees will also witness several captivating keynote discussions around topics such as the changing role of brand and performance marketing in India, optimally utilizing new-age marketing channels, and visual content consumption trends. These discussions will be led by global industry doyens including Emanuel Cinca (Founder – What The Aff) and Chris Adams (CTO – eDatasource), amongst others. The summit will also feature a standalone session by Daniil Silvestrov (Country Manager – USA, Admitad) on ‘How to build strong affiliate channels based on international experience’.
As ever, the India Affiliate Summit will act as a platform for industry players to network with key decision-makers, explore new opportunities and collaborate with high-potential partners. Powered by Admitad India, #IAS19 is set to build on the success of previous editions and emerge as the grandest iteration of the country’s largest affiliate marketing event.
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.
