Kanpur: Another troubled mountain is about to break on Kanpur IT Raid’s perfume businessman Piyush Jain, who is in the news as ‘Kuber of black money’. Kanpur (Kanpur News) and Kannauj’s famous perfume businessman Piyush Jain (Piyush Jain News) is now seen getting trapped in the gold smuggling case. Regarding the gold bricks recovered from Piyush Jain’s house, the agency suspects that they have been smuggled. GST Intelligence (DGGI News) suspects that the 23 kg gold bricks or biscuits recovered from Piyush Jain’s house have come from Dubai. Therefore, there has been a suspicion of Piyush Jain’s immense wealth being linked to gold smuggling as well.
Considering the seriousness of the matter, the DGGI wing has handed over the case to the Directorate General of Revenue Intelligence (DRI). Actually, action is going on against Piyush Jain for the 6th consecutive day. The DGGI team suspects that the gold found from Piyush Jain’s Kanpur house has been brought from Dubai. The agency suspects that there is no tax on gold in Dubai, so gold is smuggled from there the most and Piyush Jain may have adopted this route.
For the time being, the DRI team will now find out from where this gold has come and whether this gold was smuggled? Is there any gold smuggling syndicate behind this, has custom duty been paid on this gold? DRD will also find out from whom Piyush Jain bought this gold. At present, the Zonal Unit of DRI is keeping an eye on the matter. If Piyush Jain’s involvement is found in these, then another case will be registered.
It is being told that whenever the Customs Act is violated, DRDI starts its investigation by registering a separate case in that case. Based on the investigation report of the zonal unit, the DRI headquarters can give green signal for strict action in this matter. Let us inform that in the raids issued for the last 6 days, about 200 crore rupees have been recovered from Piyush Jain’s house, while 23 kg of gold has been found. Piyush Jain is accused of tax evasion and has now been sent to judicial custody for 14 days.