Kanpur pan masala trader also raided
After last week’s operations on the leaders of the Samajwadi party and businessmen close to the SP, the Income Tax and TPS teams again carried out searches on Thursday in the offices and premises of industrialists near Akhilesh Yadav.
Raids on premises linked to a businessman Piyush Jain, who launched Samajwadi Attar (perfume) last month in the presence of the head of the SP, have so far recovered Rs 150 crore in cash, according to sources from the IT department.
A photograph that went viral on social media also showed IT and GST officials squatting on a flowery leaf spread out in the middle of a room and surrounded by stacks of cash and three bill counting machines. In Kanpur, the industrialist’s office and residence were raided Thursday by the GST Intelligence Directorate (DGGI) and IT teams.
His brother Pammi Jain is a senior leader of the Samajwadi party. In addition, IT teams also raided the premises of pan masala trader KK Agarwal in Kanpur. The raids were initiated by GST (Goods and Services Tax) agents for tax evasion.
After discovering details, the income tax department was also brought in. Sources said that a tax evasion worth millions of rupees was detected during the raids on Piyush Jain’s premises in Kanpur, Kannauj, Mumbai and Gujarat. The Income Tax Department raided Piyush’s home, factory, office, cold store and gas pump. In addition to the computer raid, on specific intelligence data, agents of the General Directorate of Intelligence of the GST (DGGI) of Ahmedabad on Thursday launched searches in Kanpur at the premises of the factory of a manufacturer of pan masala. and a carrier.
He was involved in transporting goods under cover of false invoices, without generating electronic invoices.