Brands
Panasonic wins Dentsu Advertising Grand Award
MUMBAI: Panasonic Corporation has been named as the winner of the Dentsu Advertising Grand Award, taking the highest honor in the Japanese advertising industry.
The independent body – Dentsu Advertising Awards Screening Committee, announced the recipients of the 68th Dentsu Advertising Awards.
This was the 31st time that Panasonic has received the Dentsu Advertising Grand Award, but the first time since the company changed its name from Matsushita Electric Industrial Co., Ltd. to Panasonic Corporation on 1 October, 2008. The last time that the company won the award was in May 2008.
The winners of the top awards at the 68th Dentsu Advertising Awards are as follows:
Dentsu Advertising Awards:
Newspaper: IHI Corporation
Magazine: Suntory Holdings Limited
Radio: Panasonic Corporation
Television: POLA INC.
Outdoor: Panasonic Corporation
Digital: 3M Japan Limited
Sales Promotion: Fuji Xerox Co., Ltd.
Integrated Campaign Award: Kirin Beverage Company, Limited / EZAKI GLICO CO., LTD. collaboration
The final selections were made at the general meeting of the Dentsu Advertising Awards Screening Committee, which convened on 29 May, 2015 at the Imperial Hotel in Tokyo.
Winners were selected in the seven categories of newspaper advertising, magazine advertising, radio advertising, television advertising, outdoor advertising, digital advertising and sales promotion advertising for the Dentsu Advertising Awards, Excellence Awards and Outstanding Awards. Also announced were the joint recipients of the Integrated Campaign Award.
Outstanding work in advertising in the three regions of Nagoya, Kyushu and Hokkaido was recognized through the Area Advertising Award and Area Advertising Associate Award.
The winners were selected from among advertisements that ran between 1 April, 2014 and 31 March, 2015. A total of 1,467 entries were submitted to the Screening Committee, with 363 of these being considered during the final selection phase.
Regional screenings were conducted in the five areas of Tokyo, Osaka, Nagoya, Kyushu and Hokkaido beginning in April 2015. The works selected during this initial process were then narrowed down at a meeting of the National Final Selection Committee held in Tokyo from 25 to 28 May, and these were then presented at the General Meeting of the Dentsu Advertising Awards Screening Committee for determination of the final award winners. A total of 61 prizes were awarded.
The awards will be presented at the 68th Dentsu Advertising Awards Ceremony, to be held on 1 July, 2015 in Tokyo.
All of the award-winning advertising works will be exhibited at the Advertising Museum Tokyo in Shiodome, Tokyo from 6 August to 26 September.
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.
