MAM
Publicis’s Nakul Chopra is chairman of Goafest 2016 Organizing Committee
MUMBAI The Advertising Club and Advertising Agencies Association of India have announced Goafest 2016 with Publicis South Asia, CEO Nakul Chopra as the chairman of Goafest Organizing Committee.
Commenting on his appointment, Advertising Agencies Association of India (AAA’s of I) president Ambi M G Parameshwaran said “Nakul has been in this industry for over 30 years now. He has been leading Publicis in India through this last decade. I am very excited to see what plans he has in store for us this year.”
The Advertising Club president Raj Nayak too welcomed the appointment saying, “This is wonderful news. Nakul has been instrumental in driving Goafest to success in the recent past. With his proven track record in managing high performing agencies, he is truly the best man for the job! I look forward to work with him to make Goafest 2016 a roaring success.”
To have been given the opportunity to Chair the Goafest Organizing Committee is an honor. There’s still a lot of work to do in strengthening Goafest and together, I hope we can build upon the good work of the past years,” added Chopra on his new role.
The other members on the committee are:
President, Advertising Agencies Association of India (AAA’s of I) & Advisor, FCB Ulka Advertising | Ambi M G Parameshwaran
Founder, Chairman and MD at Madison World | Sam Balsara
Chief Executive Officer at Contract Advertising | Rana Barua
Chairman and CEO at Dentsu Aegis Network | Ashish Bhasin
Managing Director at Jaya Advertising | Jaideep Gandhi
CEO at Group M, South Asia | CVL Srinivas
CEO at LHAMPL | Shashi Sinha
CEO at JWT | Tarun Rai
Group CEO at Madison Media | Vikram Sakhuja
Group CEO at Zee Media Corporation | Bhaskar Das
Chief Corporate Sales and Marketing Officer at Dainik Bhaskar Group | Pradeep Dwivedi
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.
