MAM
Real estate developer Puravankara lassoes Suraj Singh as western region marketing manager
MUMBAI: He’s worked at three of the most prestigious real estate developer firms in India. Suraj Singh started his career at Rustomjee as a marketing executive which resulted in his getting recruited by Godrej Properties. He stayed there for a good seven years getting regular promotions and finally moving out as senior manager marketing & product development.
His next sojourn was for six years at Shapoorji Pallonji Real Estate where he rose to become general manager – marketing. Six months after moving out of the firm, he was back as a leader for marketing at Bengaluru based Puravankara as head of marketing (west).
Suraj is in for a tough challenge. While Puravankara has a strong developer name in the south of India, it’s relatively less known in the west.
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.
