New Delhi. Kanpur’s perfume and gutkha trader can get a big relief in the matter of keeping two hundred crore rupees in cash. Recently, about two hundred crore rupees in cash and more than 60 kg of gold were recovered from the house of perfume and gutkha businessman Piyush Jain. The BJP had told the businessman to be close to the SP, while the SP said that this time by mistake, the raid has been done at the place of a businessman close to the BJP. The way in which efforts are being made to provide relief to the businessman, questions are really being raised.
The Ahmedabad team of Directorate General of GST Intelligence (DGGI) recovered Rs 177.45 crore in cash from Piyush Jain’s house in Kanpur. This means that more and more GST evasion cases will be made on the businessman. It is being told that the department has made a case of GST evasion of Rs 35 crore. Piyush Jain will have to deposit Rs 52 crore with fine, for which his family has agreed and has also given permission to withdraw money from the account.
Read also Who is the CM contender of Congress?
However, the Directorate of Revenue Intelligence has decided to interrogate Piyush Jain in the case of possession of 64 kg gold. So far, the Enforcement Directorate (ED) has not entered the matter. However, DGGI has produced documents in the court and said that Piyush Jain has misused the invoice for illegal use of cash in business and with the intention of saving tax. It is believed that he can get bail by paying a fine of Rs 52 crore. Lawyers believe that even after the DGGI report, the Income Tax Department will not be able to take action.
