Kanpur perfume trader News
Jain was arrested in December, 2021 after raids at his residence in Kanpur and factory in Kannauj by the Directorate General of GST Intelligence (DGGI) led to the recovery of over Rs 257 crore in cash, 25 kg of gold and 250 kg of silver.
Rs 250 crore has been recovered from Piyush Jain's residences and offices
23 kg gold and 600 kg sandalwood was also recovered
Piyush Jain was arrested by the officials of the GST Intelligence on charges of tax evasion and will be produced before the court today, a senior official said. The perfume industrialist is likely to be taken to Ahmedabad from Kanpur for further action, he said.
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