Brands
Justickets ties up with Cinépolis to Expand Its Retail Presence
NEW DELHI: Online ticketing platform Justickets ties up with Cinépolis to offer consumers amodern, fast and easy way to book tickets on the go for current movie releases or place orders for upcoming releases using the exclusive features provided by Justickets.
The Indian box office industry is nearly worth US$ 2 billion and is growing at 10 per cent annually. The on-line movie ticketing market is currently only 15 per cent of the total box office revenues, but growing rapidly. With multiple alternatives to cinema lovers, the demand for a feasible ticketing device is high in the industry.
Justickets is engineered to be the most scalable ticketing platform, capable of enduring high website traffic. The brand enables cinemas to understand the demand for an upcoming movie which can be used to gauge interest and schedule shows for a particular movie. It is web-based, easy-to-setup platform that aims to make cinema operations and management fast and easy for the cinema buffs to make their cinematic experience pleasant.
Cinépolis Director- Strategic Initiatives Devang Sampat said, ‘Cinépolis India is excited about the tie-up with Justickets. A customer-focused approach is what we believe at Cinépolis and over the years we have established consumers who prefer Cinépolis as their destination to watch movies. Our association with Justickets is an endeavour to provide improved booking options online. Justickets have been growingly aggressively in this category.”
Justickets Pvt Ltd CEO Harsh Rohatgi.said: “Justickets is happy and privileged to partner with Cinépolis. Both the brands are very strongly established in India. And now with this tie-up we plan to expand our presence pan India and establish our reach across India”
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.
