Summary
The team of Director General of GST Intelligence Ahmedabad has filed a 334-page charge sheet against perfume trader Piyush Jain. Piyush has been summoned from jail to court on March 8. Rs 177 crore 45 lakh 1 thousand 240 were recovered from Anandpuri house in Kanpur, Rs 19 crore 3 lakh 1 thousand 289 from house in Kannauj and Rs 9 lakh 10 from Piyush’s bank lockers in Kannauj.
The team of Director General of GST Intelligence Ahmedabad has filed a 334-page charge sheet against Piyush Jain in the court of Additional Chief Metropolitan Magistrate III in connection with the recovery of crores of rupees from the house of perfume trader. A copy of the charge sheet has also been given to Piyush’s wife.
The court has also taken cognizance of the charge sheet. The investigation is still on against five more people in the case. Charge sheet can also be filed against them. GST Special Public Prosecutor Ambrish Tandon said that a total of Rs 196 crore 57 lakh 2 thousand 539 was recovered from Piyush Jain.
Rs 177 crore 45 lakh 1 thousand 240 were recovered from Anandpuri house in Kanpur, Rs 19 crore 3 lakh 1 thousand 289 from house in Kannauj and Rs 9 lakh 10 from Piyush’s bank lockers in Kannauj. 16 witnesses have been made in the charge sheet. These include the manager of the main branch of SBI Kanpur, the manager of the Saraimira branch of SBI Kannauj and the officers of the DGGI team.
The chargesheet has been filed after the permission of ADG Vivek Prasad of DGGI Ahmedabad unit. Taking cognizance of the allegation, the court has registered a case. Piyush has been summoned from jail to court on March 8. Piyush’s advocate Chinmay Pathak told that the charge sheet has been filed in the court. The allegations against Piyush are baseless. The bail application will be filed in the court soon. After the court’s permission, Piyush, who was in jail, was interrogated for four days as well as the statements were recorded. In this, Piyush had admitted that all the recovered money belonged to him. For three-four years he used to do business without paying taxes. The name of any buyer or seller could not be disclosed in respect of the amount recovered. Piyush is the owner of three firms namely M/s Odosanth Inc., Flora Naturals and Odochem Industries. Apart from this, it also has stake in other firm.
Investigation of recovered gold and sandalwood oil continues
A charge sheet has been filed in the court regarding the cash money seized from Piyush for tax evasion, but 23 kg of gold and six drums of sandalwood oil were also recovered from him. In this regard, teams of Directorate of Revenue Intelligence (DRI) and Custom Department are conducting separate investigations.
Imprisonment for up to five years
Charge sheet has been filed under section 132(1) I of CGGST Act. The allegation against Piyush is a non-bailable offence. In which there is a provision of imprisonment of up to five years.
Statements recorded in total 52 pages
Advocate Chinmay Pathak told that in the 334-page chargesheet filed in the court, only 52 pages of Piyush’s statement are. The DGGI team recorded Piyush’s 23-page statement on December 25, 2021, before sending him to judicial custody. After this, three days’ permission was given from the court to record the statement in the jail, in which 10 pages were recorded on 6 January 2022, 9 pages on 7 January and 7 pages on 8 January. On February 5, the team again reached the jail with permission from the court and recorded three-page statements. Ambrish Tandon said that Rs 196.57 crore recovered from Piyush is government property. The recovered amount has been deposited in a fixed deposit in the name of the President. The government has also received interest of about one crore rupees from this amount so far.
Expansion
The team of Director General of GST Intelligence Ahmedabad has filed a 334-page charge sheet against Piyush Jain in the court of Additional Chief Metropolitan Magistrate III in connection with the recovery of crores of rupees from the house of perfume trader. A copy of the charge sheet has also been given to Piyush’s wife.
The court has also taken cognizance of the charge sheet. Investigation is still on against five more people in the case. Charge sheet can also be filed against them. GST Special Public Prosecutor Ambrish Tandon said that a total of Rs 196 crore 57 lakh 2 thousand 539 was recovered from Piyush Jain.
Rs 177 crore 45 lakh 1 thousand 240 were recovered from Anandpuri house in Kanpur, Rs 19 crore 3 lakh 1 thousand 289 from house in Kannauj and Rs 9 lakh 10 from Piyush’s bank lockers in Kannauj. 16 witnesses have been made in the charge sheet. These include the manager of the main branch of SBI Kanpur, the manager of the Saraimira branch of SBI Kannauj and the officers of the DGGI team.
The chargesheet has been filed after the permission of ADG Vivek Prasad of DGGI Ahmedabad unit. Taking cognizance of the allegation, the court has registered a case. Piyush has been summoned from jail to court on March 8. Piyush’s advocate Chinmay Pathak told that the charge sheet has been filed in the court. The allegations against Piyush are baseless. The bail application will be filed in the court soon.