The World Opinion

Tag: raid on perfume trader

  • Piyush Jain: How did this kind of large tax evasion occur at Piyush Jain’s position? needle of investigation caught on hawala trade

    Kanpur
    No longer most effective most people, the companies have additionally been blown away by means of this kind of large amount of money and gold discovered from the premises of fragrance dealer Piyush Jain. The most important tax evasion of GST has come to gentle on Piyush Jain’s company. After this, questions are being raised whether or not the quantity of 197 crores won from Piyush’s hideouts has any reference to the trade of hawala. Investigating companies also are in search of solutions to those questions.

    The investigating companies have no longer discovered any account or account of masses of liters of sandalwood oil at the side of money and gold recovered from Piyush Jain’s premises. Because of this all of the consignment together with money has been confiscated. In conjunction with this, the investigating companies have additionally began investigating from other angles. Any such angles may be of hawala trade.

    Kannauj’s fragrance is exported within the nation and in a foreign country
    In reality, perfumes made in Kannauj are exported to Saudi Arabia, Britain, Dubai, Qatar, Iran, Germany or even France. The rustic itself provides fragrance price Rs 1000 crore. Aside from this, fragrance investors additionally make compounds, which can be utilized in making pan masala, cleaning soap and deo. Many fragrance investors are at once concerned within the trade of betel masala. There may be tax evasion on a big scale on this, so the transaction of uncooked subject material may be completed thru money.

    Fragrance traders related to pan masala trade
    Fragrance investors provide items price 2100 crores each month to the pan masala business by myself. In keeping with media reviews, this quantity is carried round thru hawala. The position of transporters may be discussed on this paintings, who cover money below the guise of grocery, fabric and dry culmination.

    Transporter was once stuck in Ahmedabad
    In December itself, the GST group stuck a truck encumbered with pan masala in Ahmedabad. Upon scrutiny of the paperwork, the case of tax evasion got here to gentle. The products recovered in investigation became out to be of the corporate making Shikhar Panamasala of Kanpur. On 22 December, the Ahmedabad unit of DGGI had raided the transporter Ganpati Highway Provider at the side of the places of Shikhar Pan Masala makers in Kanpur whose vehicles have been being loaded and despatched.

    Suspected of smuggling gold
    In keeping with media reviews, the investigation group had additionally won faux expenses of Odochem Chemical substances (Piyush Jain’s corporate) from the places of the transporter, most effective and then raids have been performed in the home of Piyush Jain Kanpur and Kannauj. Piyush Jain’s connection may be being related with gold smugglers. The 23 kg gold recovered from Piyush Jain’s premises was once stated to belong to a Swiss corporate that might no longer be purchased and offered in India.

    Considerably, an quantity of Rs 197.47 crore and 23 kg of gold was once recovered from Piyush Jain’s places in Kanpur and Kannauj. At this time, DGGI and DRI are concerned within the investigation of the case.

    Piyush Jain (Document)

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  • Raid at fragrance dealer’s position, Source of revenue Tax officers were given necessary clues after 27 hours! Word counting machines began attaining the spot

    Kannauj
    In Kannauj district of Uttar Pradesh, on Friday, a brand new twist has come within the raids being performed at two puts concurrently on the fragrance dealer’s position. The group is now getting good fortune in each the puts. There’s a chance of having gold in Mohammad Yakub Perfumers. If assets are to be believed, the investigation group of the group that got here right here on Friday night time with the assistance of laborers has began sabotaging, and then two extra IT groups had been known as to the spot, which has reached past due within the night time.

    Now the group has collected within the restoration of gold and large amount of money on Saturday. At the one hand, it is usually coming to the fore that when the raid on Piyush Jain, the entire fragrance buyers had been alerted, because of which the group would possibly now in finding it tricky to seek out large amount of money and gold. Alternatively, even after 27 hours, the group’s raids are happening and now the notice counting system has additionally began arriving.

    Allow us to tell that the method of raids on fragrance buyers through DGGI and Source of revenue Tax group is happening steadily. After fragrance dealer Piyush Jain, on Friday, the Source of revenue Tax Division group raided the manufacturing facility, place of dwelling and different puts of SP MLC Pushpraj Jain, resident of Mohalla Chhippatti within the town. At the side of this, the group additionally raided the places of Kanpur, Hathras, Noida, Mumbai, Gujarat and Tamil Nadu excluding Kannauj. All through this, the group additionally raided the well-known fragrance dealer Faizan, who lives within the town.

    In each the puts, the group has expressed the potential for getting large amount of money and gold. Relating to this, the group organized a cover and bed at the spot and stayed there all night time within the chilly and stored raiding all night time. Even supposing the investigation group has no longer were given any particular good fortune thus far, however nonetheless the group is expressing the potential for getting good fortune through Saturday night time, and then it could possibly additionally grasp a press convention with the media.

    There’s a chance of having an enormous quantity of notes and gold
    Within the raids being performed at each the puts, there’s a chance of having an enormous amount of money and gold, about which the investigation group has additionally completed good fortune on Saturday. The investigation group has reached the notice counting system from FFDC Financial institution at Malik Mian i.e. Yakub Malik on Saturday, from which it may be obviously inferred that now the method of receiving notes has began.

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