Kanpur: The news of immense treasures found from the houses of Uttar Pradesh’s perfume trader Piyush Jain in Kanpur (Kanpur News) and Kannauj (Kannauj Raid) has now become to the whole world. During the raids from the houses of Piyush Jain News, about Rs 196 crore in cash, 23 kg of gold and 600 kg of sandalwood oil have been found. Accordingly, Rs 213 crore has been seized from Piyush Jain’s house. Meanwhile, Piyush Jain The arrest memo has also surfaced, in which it has been said that all the money received in Raid from Kanpur belongs to Piyush Jain’s business and he has evaded tax.
According to the arrest memo of Piyush Jain, the money received from Kanpur belongs to Piyush Jain’s business. The raids were conducted at the company Trimurti Fragrance, the company of transporter Praveen Jain, in which GST evasion was detected in sending Pana Masala and Arecanut. Fake invoices were found in Raid and Shailendra Mittal’s statements related to the company were taken. He admitted the mistake. Then between 22 and 25 December, raids were conducted at Piyush Jain’s house in Kanpur.
It is further told that only 21 crore transactions have been shown in the three companies of Piyush Jain in 2021, while the three companies of Piyush Jain sent goods worth 177.45 crores in 4 years. This means that every year they sent goods worth 45 crores without paying GST. In this way, he stole 31.50 crores in the last 4 years. In this case, the method adopted to evade GST and the rest of the people involved in the case are also to be questioned and according to the kind of evidence found, Piyush Jain can influence the investigation, destroy the evidence. Therefore, a thorough investigation of such a case is necessary. GST team raided 7 places. This is the reason why Piyush Jain was arrested.
Let us inform that the overall update of the raids conducted in the houses of Piyush Jain in Kanpur and Kannauj has come, according to which, till now the total Caesar is worth Rs 213.45 crore, including the cost of cash, gold and sandalwood oil. is included. The total recovery can be understood in such a way that Rs 177.45 in cash has been recovered from Kanpur, while Rs 19 crore has been found from Kannauj. At the same time, 23 kg gold brick has also been found, which is worth about Rs 11 crore. Apart from this, sandalwood oil has also been found, which is 600 kg and its cost is Rs 6 crore. In this way, the DGGI team has seized a total of Rs 213.45 crore including cash and goods.
The cash found from both the houses of Piyush Jain has been seized by the GST Department and Piyush Jain was arrested and sent to jail under Suction 132 of CGST Act. The court had sent Piyush Jain to judicial custody for 14 days on Monday itself. At the same time, another mountain of trouble has broken on Piyush Jain. In the gold smuggling case, the DRI has registered a case against Piyush Jain under 110 of the Custom Act and has taken 23 kg of recovered gold in its possession.