MAM
XYXX mandates social distance, suspends e-commerce website until further notice
MUMBAI: Covid-19 has made us all sit up and realise how unpredictable the world we live in is.
XYXX as a brand has always strived to be customer first and work towards serving their customers to the best of abilities. In this time of global pandemonium however, it is time to value human life and safety over all else.
As citizens, while we expect the government to act swiftly, we need to realise that we are the carriers and no government can do anything if we don’t do our bit.
XYXX has mandated corporate employees to work from home starting last week. The brand has ensured the best of safety and sanitation standards for manufacturing, packaging and back office teams.
XYXX believes the need of the hour is for the delivery partners and personnel to also be home, safe with their families. While everyone has occupied the safety and comfort of home, XYXX supports their delivery partners by avoiding risking their lives just to fulfill their call of duty and getcustomers, their favourite products in time.
Starting today, XYXX has made a statement that their website – https://xyxxcrew.com/ will be closed for online orders until the local government considers it safe to do so.
While this would mean loss of business, the brand believes in their partners, employees and extended teams to be hale and hearty, XYXX ensures to bounce back with renewed vigour once this crisis is averted
This premium apparels and innerwear brand will remain available on ‘support@xyxxcrew.com’ for any immediate queries striving to honour all commitments while prioritising the health, safety and economic security of every single person in employment with them.
Addressing the pandemic, the brand stated, “This is unchartered territory for us, the country and the world at large. We can only rely on compassion and resilience to get through these times. We thank you for your patience and cooperation. In our business – the front end delivery people like packaging staff and delivery personnel who still manage all this for customers are significantly impacted. We are trying our best to reach out and see how we can help them.”
As all of us are aware of the Covid-19 crisis and the brand is confident everyone is already taking precautions, following advisories from WHO and respective governments. XYXX is in fulll support to be responsible and find a way to help others as well, especially the people on the frontline and the ones who could be on the social and economic fringes.
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.
