MAM
Celebrate festivities in style with Libas’s ‘Big Diwali Sale’
Mumbai: Libas, the renowned ethnic fashion brand narrating the story of the modern Indian woman, is all set to captivate fashion enthusiasts this festive season with the commencement of its highly anticipated big Diwali sale (BDS Sale). The sale began on 28 October 2023 and will run till 4 November 2023.
Step into the world of fashion with Libas’ ‘Big Diwali Sale,’ an extraordinary shopping experience tailored for fashion enthusiasts. Explore a diverse array of styles, designed in a variety of fabrics such as silk, cotton, and georgette. Experience the thrill of discounts, with savings of up to 70 per cent off, and an extra 15 per cent off* on all prepaid orders, transforming it into an unforgettable mega-sale event. Here are the enticing offers waiting for you to discover:
1 Kurtas under 699: Elevate your ethnic style with a stunning range of Kurtas, all priced under Rs 699
2 Suits under 1199: Look your best this Diwali with a selection of elegant Suits, including styles like Anarkali, Sharara, A-line, Straight in various fabrics like silk, cotton, georgette, all available for less than Rs 1199
3 Dresses under 999: Find the perfect dress for every occasion, all under Rs 999
4 Top Sellers at 70 per cent off: Shop the trendiest fashion picks at an incredible 70per cent discount
5 Festive Wear at Min. 60 per cent: Embrace the festive spirit with a minimum of 60 per cent off on a wide variety of traditional and contemporary embroidered styles
6 Casual Wear at 65 per cent Off: Upgrade your everyday wardrobe with casual wear items available at a fantastic 65 per cent off
7 Plus Size Picks – Up to 70 per cent Off: Celebrate inclusivity and fashion for all with plus-size selections (3XL – 6XL) at up to 70per cent off
8 Buy three at 1499: Mix and match your favorite styles – choose any 3 items for just Rs 1499
9 Two suits at 2499: Grab two stylish suits for an unbelievable price of Rs 2499
Commenting on the announcement, Libas founder & CEO Sidhant Keshwani said, “We are excited to bring the most attractive offers and an extensive collection of fashion items to make our customer’s Diwali truly special. Our Big Diwali Sale is designed to cater to all our customer’s fashion needs, whether it’s traditional or contemporary, festive or casual wear, as we say #ThereIsAlwaysALibas.”
To explore the captivating collection and revamp your wardrobe with the latest fashion trends at unmatched prices, visit our website or head to your nearest store. Join the fashion revolution and affordable elegance with Libas: https://www.libas.in/collections/sale
*Please note that terms and conditions apply for additional discounts.
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.
