Brands
Jharkhand consumers can savor ITC’s innovative Aashirvaad dairy products
Mumbai: ITC Ltd’s Aashirvaad Svasti, a leading dairy brand in East India, today announced the extension of its fresh dairy portfolio to the state of Jharkhand. The brand enjoys strong consumer franchise across Bihar and West Bengal and with its launch in the state, Aashirvaad Svasti is set to delight consumers of Jharkhand with a slew of dairy offerings which includes select milk, creamy milk, toned milk, as well as curd, paneer, lassi, mishti doi and peda. Through this portfolio launch in Ranchi and beyond, the brand aims to bring the goodness of fresh dairy products to consumers across the state.
Aashirvaad Select Milk – the flagship pouch milk variant will be made available to consumers of Jharkhand from today. This milk is homogenised which ensures milk cream is evenly distributed throughout the milk thus making it thicker and tastier, hence standing true to its brand proposition of “Doodh Ki Malai Doodh Mein”. Further, to maintain complete transparency, for the first time, consumers can check quality quotient of their milk packet everyday through “Doodh ka Report Card”, an industry-first unique feature.
The ‘Doodh ka Report Card’ consists of 28 quality parameters which are checked at five stages including some of those most relevant for milk like adulterants (urea, starch, vegetable oil, detergents), preservatives etc. thereby assuring consumers of superior quality, thick, tasty, nutritious milk every day. Consumers can access the report by just sending the code number of their milk pack on WhatsApp number 810-583-5222.
Commenting on the launch of the dairy portfolio in Jharkhand, ITC Ltd chief operating officer – dairy and beverage Sanjay Singal said, “We are excited to embark on this journey of expansion into Jharkhand, introducing Aashirvaad Svasti’s differentiated and innovative dairy offerings to consumers in the region. Aashirvaad Svasti’s success story in Eastern India stems from our unwavering commitment to ensuring the highest benchmarks of quality and consumer delight through product differentiation. Our consumers have embraced our products, making Aashirvaad Svasti a leading dairy brand in Eastern India in a short span of five years. With this launch, we aim to redefine the dairy experience for the people of Jharkhand, similar to what we have done in Bihar and West Bengal”.
Aashirvaad Svasti fresh dairy products will be available across over 2000 general trade and modern trade outlets across the state.
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.
