MAM
Disney rolls out ‘Back to school’ range featuring popular characters
MUMBAI: Disney Consumer Products India, the consumer products division of Walt Disney India, has launched its back to school range featuring popular Disney characters such as Mickey and Friends, Disney Princess, Disney.Pixar Cars and Winnie the Pooh.
The range includes stationery products, backpacks, lunch boxes, water bottles and much more with prices ranging from Rs 10 to Rs 1599.
The backpacks and trolley bags range is priced between Rs 599 to Rs 1599 while school stationery price range starts from Rs 10 with the upper range being Rs 499. For lunch boxes and water bottles, the price range is between Rs 89 to Rs 569.
To engage kids, Disney is organising interactive activities across key retail stores for kids and families to come and participate. The activities include art and craft workshops, storytelling session and fun games for kids.
“Getting ready for the new school year can sometimes be a task for parents. We, at Disney understand this and strive to make going back to school a memorable experience for kids and parents alike,” said The Walt Disney Company India executive director Licensing Siddharth Taparia.
The products will be available across all the leading retail outlets including – Reliance Time Out, Easy Day, Lifestyle, Crossword, and Star Bazaar. The products will also be available online at shopatdisney.in.
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.
