MAM
Int’l exhibition on ad industry in Delhi in August
NEW DELHI: India’s first international exhibition on the advertising industry, Media Expo 2003 will be held at the Pragati Maidan, New Delhi from 8-10 August. The event is being organised by The house of Media 2000 and ESP World.
The exhibition will stretch across all the ingredients of advertising, including Signage and POP, Outdoor Advertising, Print and Electronic Media, Photography/Film and Video, Print, Packaging and Design, Advertising Essentials, Corporate Gifts, and Promotional Material and Computers and Multimedia.
An official release states that the expo will be spread across an area of more than 75,000 square feet. The event is aimed at filling the gap that currently exists between the ad world and outside world. It would showcase the achievements and advancements of the ad industry.
The release states that the special attractions of the show in addition to the exhibition would include a designers and photographers gallery, advertising awards, seminars and conferences on the various essential sub heads of advertising and a fashion show.
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.
