Another official, speaking on condition of anonymity, said more than Rs 257 crore in cash as well as gold and silver were recovered during the raids on the Jain-owned premises. (File photo / News18)
Surendra Kumar, Joint Commissioner (Kanpur), Goods and Services Tax, said on Sunday night that Jain had been arrested on charges of tax evasion.
- PTI Kanpur
- Latest version:December 27, 2021, 00:15 AM
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Kanpur-based businessman Piyush Jain, whose premises were raided by the central agencies, has been arrested on charges of tax evasion, a senior official said. The perfume industrialist may be shifted from Kanpur to Ahmedabad for the next step, he said.
Surendra Kumar, Joint Commissioner (Kanpur), Goods and Services Tax, said on Sunday night that Jain had been arrested on charges of tax evasion.
Another official, speaking on condition of anonymity, said more than Rs 257 crore in cash as well as gold and silver were recovered during the raids on the Jain-owned premises.
The money is linked to the shipment of goods by a freight forwarder and without e-way billing, he added.
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