Jubilant FoodWorks hit with ₹46.9 crore GST demand notice over ITC reversal
The Domino's and Popeyes operator received a ₹46.9 crore GST demand notice tied to alleged incorrect input tax credit reversal classification. Jubilant plans to challenge the notice and says it expects no financial impact.
Jubilant FoodWorks, India's leading QSR operator running Domino's and Popeyes, received a ₹46.9 crore GST demand notice over alleged incorrect ITC reversal classification. The company will challenge it, claiming no financial impact.
Why this matters
The GST notice lands as Jubilant FoodWorks posts steady growth, with Q1FY27 revenue up 14.1% and Domino's India adding 58 stores. The tax dispute adds a regulatory overhang despite the company's expectation of no financial impact.
Retail-company signals are accelerating, up 777,500% QoQ.