MAM
Kyoorius announces In-Book Winners and Blue Elephant Nominees for the Kyoorius Creative Awards 2016
MUMBAI: Post the jury session from the 4th -7th May 2016, Kyoorius, in association with D&AD has announced the in-book winners for the Kyoorius Creative Awards 2016. Out of 1863 entries submitted, 164 entries have been announced as in-book nominations that qualify for the Baby Elephant and the Blue and Black Elephants are selected from these nominations. The winners of the Blue and Black Elephants will be announced on the Awards night – Friday 3rd June 2016.
Kyoorius Awards is a Celebration of Creativity and winning a Kyoorius award is a highest creative achievement for the winner. Kyoorius rewards all great work in the Indian visual communications sphere and hence does not have a Gold, Silver & Bronze tier system – every great work will win a Blue Elephant and the Black Elephant goes to that outstanding work that has broken all grounds. The jury can decide to award multiple Blue Elephants in any category, and none in another based if entrees are not up to the mark.
The complete list of Advertising Awards In-Book Winners can be found at:
The complete list of Digital Awards In-Book Winners can be found at:
The complete list of Media Awards In-Book Winners can be found at:
The Kyoorius Creative Awards show will be held on Friday June 3, 2016 at Dome@NSCI in Mumbai and as always will be a spectacular show of creativity. The awards show are always attended by well over 1500 professionals including CEO’s, Marketing Directors, Brand Managers, Creative and Media gurus, etc.
The Kyoorius Creative Awards are presented by Colors, powered by Hindustan Times and includes ABP News, Rishtey, Happy Finish & Kinetic as main partners.
Brands
Jubilant FoodWorks faces Rs 47.5 crore GST demand, plans appeal
Tax authorities flag alleged misclassification of restaurant services
MUMBAI:Â 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.
