Lucknow:

Kanpur businessman Piyush Jain has been arrested for evasion of Goods and Services Tax. Mr Jain recently made headlines after pictures of a raid at his premises showing officials counting heaps of currency notes with note counting machines went viral recently. Around 200 crore rupees in cash were seized from his home.

Directorate General of GST Intelligence (DGGI) Ahmedabad has recovered Rs 10 crore more cash from the factory and residence of perfume businessman Piyush Jain, promotor of Odochem Industries of Kannauj district in Uttar Pradesh, official sources told ANI.

Unaccounted sandalwood oil, perfumes worth crores have also been seized from Mr Jain’s factory, sources said. 

When the Directorate General of GST Intelligence (DGGI) and Local Central GST team had reached Mr Jain’s premises on day one of the searches, he ran away and came back after two hours on several calls by investigating officers, sources told news agency ANI.