Bearys Campus' new sports ground 'Bearys Arena' to be inaugurated on November 23
Mangaluru: Bearys Group, with an aim to promote Sports and better physical education among students as a part of its overall vision, has created an exclusive sports ground named 'Bearys Arena' at the Bearys Campus here. The inauguration of the ground is slated for November 23, Saturday at 9:30 am.
Former Karnataka Minister UT Khader, Mangaluru Police Commissioner Dr. PS Harsha and Chairman & Director of Department of Physical Education, Mangalore University, Dr. Kishore Kumar are expected to be present as guests during the inaugural event on Saturday.
The Multi-featured ground also incorporates a number of green features including under deck drip irrigation system which reduces the water consumption by 90%.
A Football tournament will also be organised for the students of various PU Colleges of Mangaluru city after the inaugural event.
Syed Mohammed Beary, Chairman, Bearys Group in an official press release noted “The vision of Bearys Group is to contribute significantly to a progressive, peaceful greener world along with creating leaders in every field of technology. The group also believes in development in Education, Entrepreneurship and Environment. Mahatma Gandhi said it is health that is real wealth and not pieces of gold and silver. In view of this, sports plays a significant role in the society and hence the group has always been promoting sports activities.”
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Zomato gets Rs 11.82 cr tax demand notice
Online food delivery platform Zomato has received a tax demand and penalty order of Rs 11.82 crore related to GST on export services provided to its subsidiaries located outside India from July 2017 to March 2021.
The order was passed by the Additional Commissioner, Central Goods and Services Tax, Gurugram, raising the GST demand of Rs 5,90,94,889, with applicable interest (not quantified) and penalty of Rs 5,90,94,889.
“We believe that we have a strong case on merits, and the company will be filing an appeal against the order before the appropriate authority,” Zomato stated in a regulatory filing late evening on Friday.
It informed that the demand order has been received, “confirming demand of GST on export services provided by the company to its subsidiaries located outside India during the period July 2017 to March 2021 by upholding that such services do not fulfil the conditions for the supply to qualify as export of service under GST”.
“The company, in its response to the show cause notice, had clarified on the allegations, along with supporting documents and judicial precedents, which appears not to have been appreciated by the authorities while passing the order,” it added.
