MAM
Hero ISL launches new film as race to 2018-19 final heats up
MUMBAI: Hero Indian Super League – India’s premier football league is in its concluding stages and as the semi-finals draw nearer, Star Sports has unveiled a new campaign “Who will be the new champion” – signalling the beginning of the action-packed semi-finals and the birth of a new champion.
The film conceptualised by the in-house creative team at Star Sports, features fan favourites Sunil Chhetri, Ferran Corominas, Bartholomew Ogbeche, and Modou Sougou, among others, showcases the rampant sentiment amongst dedicated young fans as their favourite teams contend for supremacy.
Continuing the popular home and away format for the semi-finals, the team finishing first on the table will look to book a place in the final with ties on 7 and 8 March, whereas the other semi-final on 9 and 12 March will be a battle between the teams finishing 2nd and 3rd. The league stages conclude on 3 March but Bengaluru FC, FC Goa, Mumbai City FC, and NorthEast United FC having already sealed their semi-finals berth and with NorthEast United FC securing their first ever semi-finals spot.
The final of Hero Indian Super League season 2018-19 will be held in Mumbai on Sunday, 17 March. This is the second time that the city of Mumbai has been handed the rights to host the Hero ISL final after the inaugural edition in 2014, between Kerala Blasters and Atletico de Kolkata (now ATK) was held at the DY Patil Stadium in Navi Mumbai.
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.
