MAM
Livinguard is Official Hygiene Partner for Delhi Capitals
NEW DELHI: Livinguard is the official Hygiene Partner for the Delhi Capitals team for IPL 2020. Livinguard AG, with operations in India, as well as Switzerland, Germany, USA, Singapore, Japan, and South Africa, has recently introduced a revolutionary and first of its kind face mask, proven to deactivate a range of bacteria and viruses, including >99.9% of the novel coronavirus SARS-CoV-2. While most masks available across counters or open markets are preventive in nature, Livinguard face masks are protective and continuously prevent bacteria and viruses from spreading, benefiting both self and others in close proximity.
Livinguard Technologies founder inventor & CEO Sanjeev Swamy said, “We are extremely proud to associate with one of the most sought-after teams of the ever-popular Indian Premiere League. The team is the perfect amalgamation of talent, experience and enthusiasm. Livinguard’s patented and revolutionary technology, applied to face masks will provide unbeatable protection for Delhi Capitals and we are honoured to be able to lessen the health risk of the crisis and enable the team to focus on the important competition ahead.”
Delhi Capitals CEO Dhiraj Malhotra added, “The fact that the IPL is going to be conducted amidst such challenging times is another testament to the BCCI and to IPL’s global standing as one of the top leagues amongst all sports in the world. While we restart our lives, we must remember that we have entered a new normal. The safety of our team is top priority this season. Livinguard AG fits perfectly with this agenda since their technology is truly ground-breaking, providing us with the BEST possible hygiene solutions. We believe that this association will safeguard our players and help them concentrate on the game.”
All-time great, ex-Australia skipper and coach of Delhi Capitals, Ricky Ponting, further added “It is crucial for the Delhi Capitals team members to be safe and we are glad Livinguard has come on board to equip us with its technologically revolutionary face masks and hygiene kits.”
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.
