Brands
Snapdeal partners Jharkhand govt to promote bamboo products
MUMBAI: Snapdeal, India’s leading value-focused marketplace, has launched hand-made bamboo products from Jharkhand on its platform. The products were launched in partnership with Mukhya Mantri Laghu Kutir Udyog Vikas Board (MMLKUB), an initiative of the Department of Industries, Government of Jharkhand.
The selection will include a curated range of home and kitchen accessories and furniture made by the Kalindi and Sabars tribes from Jharkhand. Daily use items like baskets, racks, and stands are expected to be fast-moving items.
In line with the emphasis on reducing the use of plastic, there is also bamboo cutlery and kitchen range that includes straws, spoons, forks, bowls, mugs, tray, bottle cover, boxes, coasters and glasses.
Home decor items like lamps, sofa sets, tables, chairs, beds, showpieces, mats and vases made in warm tones of traditional hardwood are also part of the selection.
The artisans have also made unique fashion accessories like bangles, hair clips, earrings, necklaces, bags that depict the distinctive culture of the region. Kanshi grass, palm leaves, and beads made in eco-friendly material are also used in making the products.
Snapdeal has conducted a “train-the-trainers” program that will help officials of MMLKUB train artisans to sign up and list their products on the Snapdeal platform, using a simple 4-step sign-up process, which needs only bank details, phone & email and a GST number.
With the partnership, Snapdeal aims to make the indigenous bamboo industry mainstream outside Jharkhand.
“Jharkhand has high-quality bamboo in abundance. The tribes of this region are also skilled to make aesthetically appealing and functional items for Indian households. We are delighted to bring these fun yet eco-friendly bamboo items on our platform,” says Snapdeal spokesperson.
“Snapdeal's close connect with buyers from all over the country, including in the smaller cities, is a valuable opportunity to take the indigenous bamboo craft of Jharkhand deeper in India. Also, the training provided by Snapdeal to officials of the Department of Industries, govt of Jharkhand will help drive greater impact for this joint initiative," Government of Jharkhand secretary, industry K. Ravi Kumar.
Snapdeal enables small businesses to sell online. Its product assortment includes value merchandise which is available in the bazaars of India. Currently, Snapdeal has over 200 million SKUs from 5 lakh sellers on the platform. The platform has 70 million monthly users.
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.
