The perfume industrialist is likely to be taken to Ahmedabad from Kanpur for further action, he said.
This picture has been used for representational purpose
Kanpur-based businessman Piyush Jain, whose premises were raided by central agencies, has been arrested on charges of tax evasion, a senior official said.
ADVERTISEMENT
The perfume industrialist is likely to be taken to Ahmedabad from Kanpur for further action, he said.
Surenrda Kumar, Joint Commissioner (Kanpur), Goods and Services Tax, told PTI Sunday night that Jain has been arrested on charges of tax evasion.
Another official, pleading anonymity, said during a series of raids on the premises owned by Jain, cash worth over Rs 257 crore as well as gold and silver was recovered.
The money was allegedly linked to the dispatch of goods via fake invoices and without e-way bills by a goods transporter, he added.
This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever
Subscribe today by clicking the link and stay updated with the latest news!" Click here!
