Kanpur’s perfume industrialist Piyush Jain arrested for tax evasion

Another official, who spoke on condition of anonymity, said that gold and silver, along with cash worth over Rs 257 crore, were recovered during the raids at the premises owned by Jain. (File photo/News18)

Joint Commissioner of Goods and Service Tax (Kanpur) Surendra Kumar said on Sunday night that Jain has been arrested on charges of tax evasion.

  • PTI Kanpur
  • Last Update:27 December 2021, 00:15 am
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A senior official said that Kanpur-based businessman Piyush Jain, whose premises were raided by central agencies, has been arrested for tax evasion. He said that the perfume industrialist is likely to be taken from Kanpur to Ahmedabad for further action.

Joint Commissioner of Goods and Service Tax (Kanpur) Surendra Kumar said on Sunday night that Jain has been arrested on charges of tax evasion.

Another official, who spoke on condition of anonymity, said that gold and silver, along with cash worth over Rs 257 crore, were recovered during the raids at the premises owned by Jain.

He said the money was allegedly linked to sending goods by a goods transporter with fake invoices and without e-way bill.

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