MAM
In another humanitarian gesture, Deltin Group pledges its support towards Goa’s fight against COVID19
MUMBAI: The outbreak of coronavirus has taken its toll on the world. The disease is rapidly spreading and leaving its mark on one’s physical, mental and financial well-being. India has currently imposed one of world’s largest lockdowns to lessen any human to human transmission and mitigate the impact of the virus.
As the nation comes together to fight the Covid-19 pandemic, Deltin Group has donated INR 5.10 million to Goa’s Chief Minister Relief Fund to pledge its support to the people of Goa in their fight against the COVID-19 pandemic. Additionally, Deltin group is also sourcing and procuring essential items like medications, medical devices, essential food products and other provisions for the people of Goa for tackling the unprecedented health and humanitarian crisis arising from the COVID-19 pandemic outbreak.
Talking about the initiative, Mr. Jaydev Mody, Chairman of Deltin Group mentions, “We, at Deltin, have pledged our support in Goa’s fight against the coronavirus disease. These are challenging times for all and many remain vulnerable to the COVID-19. Deltin Group believes in creating awareness amongst general public about the pandemic and providing humanitarian aid to the needy. We are all in this together and the need of the hour is to watch each other’s back. Also, I would personally like to thank everyone on the frontlines working to combat COVID-19”
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.
