Kanpur: Perfume Dealers Piyush JainThe man, who allegedly had unaccounted cash in his various premises, was sent to 14-day judicial custody by a remand magistrate of a Kanpur court, where he was produced by a Directorate General of GST Intelligence (DGGI) team on Monday.
Piyush has been arrested under section 132 of the CGST Act.
Photos: Rs 284 crore seized from perfume trader’s house in Kanpur
Remand Magistrate, Yogita Kumar observed in her order that the application for judicial custody remand transferred by Senior Intelligence Officer DGGI Zonal Unit Ahmedabad was allowed and the objection to the remand was dismissed.
Earlier, Senior Intelligence Officer DGGI Zonal Unit, Ahmedabad had made an application before the remand court and requested that the alleged accused should not be granted bail till the completion of the investigation and remanded to judicial custody. be sent.
Piyush Jain’s counsel took strong objection and argued that the conditions of Section 41 of CrPC were not followed and there were lapses in the arrest process.
The presiding judge, in his order, said that the case involved recovery of huge amount of money and for proper investigation, it appears appropriate that accused Piyush Jain be sent to judicial custody.
The defense counsel also presented the bail application of Neeraj Jain, son-in-law of Piyush Jain, a resident of Ranchi, Jharkhand, during the court proceedings.
It was stated that Piyush Jain was illegally detained by the GST authorities on 22 December and after pressurizing him for his signature on several papers and thereafter on 26 December demonstrated his arrest and produced him in jail, while As per the law, the accused must be produced before the court. Court within 24 hours of arrest
In addition, Piyush Jain was arrested under section 132(1) A of the CGST Act-2017. As per the Act, the maximum punishment for contravention of the provision of this section is seven years. On the other hand, Section 41(1) of the CrPC states that if the punishment is seven years, then the accused need not be arrested.
The DGGI team had shown an estimated fine of Rs 52 crore and Piyush Jain had given his consent to the Deputy Registrar DGGI, Ahmedabad to pay the penalty and the payment he had already demanded. State Bank of India To clear his liability and fine to pay Rs 52 crore out of the deposit amount. Under these circumstances, there was no need to make his arrest, and his judicial custody remand be rejected, it was requested.
The counsel further argued that Piyush Jain was suffering from various ailments like blood pressure, blood sugar. His unlawful detention had elevated his blood pressure and his life was in danger in the absence of proper medical aid.
Referring to a judgment of the Madras High Court, the counsel argued that the High Court had categorically held that the arrest could be justified only after calculating the reasonable liability, therefore, Piyush Jain should be released and the prosecution The remand application should be rejected.
Piyush Jain was officially arrested by the DGGI team on Sunday night after huge cash and sandalwood oil stocks were recovered from him from his homes and commercial establishments in Kanpur and Kannauj. According to sources, the DGGI team took him to the CGST office. Sarvodaya Nagar And later in the night he was shifted to Kakadev police station.
According to police sources, accused Piyush Jain was kept in the women’s helpline room located in the Kakadev police station premises. “Piyush kept awake throughout the night. However, in the morning he had breakfast,” the sources added.
The DGGI team took him to Lala Lajpat Rai Hospital in the morning for medical examination and later after a short visit. Ursala Hospital, he was brought back Sarvodaya Nagar Office of CGST. He was later produced in the court amidst heavy security. Media persons tried to interview Piyush Jain, but he did not speak to anyone.
To recall, a joint team of Directorate General of Income Tax and GST Intelligence last week raided the residence of Piyush Jain in Anandpuri, Kanpur. The raid lasted for more than 120 hours. He was in Delhi at that time for his father’s treatment. He was asked to reach the raid site and was arrested after 50 hours of interrogation.
During the raids, cash and gold and silver worth about Rs 284 crore have been recovered. Documents of 16 expensive properties were also found during the raid. Four of these properties are in Kanpur, seven in Kannauj, two in Mumbai and one in Delhi. Two properties have been traced in Dubai.
Central agencies found 18 lockers in a basement of Piyush Jain’s ancestral house in a hidden area of Kannauj. They also found a bunch of around 500 keys, which they used to open the locker.
Piyush Jain used to run his business in ‘Attar Wali’ street of Kanpur, which is known for its perfume business. They have offices in Kannauj, Kanpur and Mumbai. During the Kanpur raid, the Income Tax Department also found about 40 shell companies through which Jain used to do his business.
Earlier, acting on specific inputs, the Ahmedabad unit of GST Intelligence on Thursday launched a search operation at the factory premises of Trimurti Fragrance Pvt Ltd in Kanpur and office and godowns of Ganpati Road Carriers.
While Trimurti Fragrances Private Limited is the manufacturer of tobacco products for the Shikhar brand, Ganpati Road Carrier is involved in the transportation of goods.
Officials said the transporter would generate several fake challans in the name of non-existent firms to avoid generation of e-way bills.
More than 200 fake challans used for transportation of goods without paying GST were also recovered from the premises of Ganpati Road Carriers after the searches. Cash worth Rs 1.01 crore has reportedly been seized from the possession of the transporter.
The residential premises of businessman Piyush Jain in Anandpuri area of Kanpur were also searched. Jain, who is a partner in Odochem Industries in Kannauj, Uttar Pradesh, supplies perfumery compound mostly in cash.
During the search of the residential premises of Piyush Jain, huge amount of cash wrapped in paper was recovered. Officials had said that the money was linked to goods transporter sending goods without fake invoices and without e-way bill.
Piyush has been arrested under section 132 of the CGST Act.
Photos: Rs 284 crore seized from perfume trader’s house in Kanpur
Remand Magistrate, Yogita Kumar observed in her order that the application for judicial custody remand transferred by Senior Intelligence Officer DGGI Zonal Unit Ahmedabad was allowed and the objection to the remand was dismissed.
Earlier, Senior Intelligence Officer DGGI Zonal Unit, Ahmedabad had made an application before the remand court and requested that the alleged accused should not be granted bail till the completion of the investigation and remanded to judicial custody. be sent.
Piyush Jain’s counsel took strong objection and argued that the conditions of Section 41 of CrPC were not followed and there were lapses in the arrest process.
The presiding judge, in his order, said that the case involved recovery of huge amount of money and for proper investigation, it appears appropriate that accused Piyush Jain be sent to judicial custody.
The defense counsel also presented the bail application of Neeraj Jain, son-in-law of Piyush Jain, a resident of Ranchi, Jharkhand, during the court proceedings.
It was stated that Piyush Jain was illegally detained by the GST authorities on 22 December and after pressurizing him for his signature on several papers and thereafter on 26 December demonstrated his arrest and produced him in jail, while As per the law, the accused must be produced before the court. Court within 24 hours of arrest
In addition, Piyush Jain was arrested under section 132(1) A of the CGST Act-2017. As per the Act, the maximum punishment for contravention of the provision of this section is seven years. On the other hand, Section 41(1) of the CrPC states that if the punishment is seven years, then the accused need not be arrested.
The DGGI team had shown an estimated fine of Rs 52 crore and Piyush Jain had given his consent to the Deputy Registrar DGGI, Ahmedabad to pay the penalty and the payment he had already demanded. State Bank of India To clear his liability and fine to pay Rs 52 crore out of the deposit amount. Under these circumstances, there was no need to make his arrest, and his judicial custody remand be rejected, it was requested.
The counsel further argued that Piyush Jain was suffering from various ailments like blood pressure, blood sugar. His unlawful detention had elevated his blood pressure and his life was in danger in the absence of proper medical aid.
Referring to a judgment of the Madras High Court, the counsel argued that the High Court had categorically held that the arrest could be justified only after calculating the reasonable liability, therefore, Piyush Jain should be released and the prosecution The remand application should be rejected.
Piyush Jain was officially arrested by the DGGI team on Sunday night after huge cash and sandalwood oil stocks were recovered from him from his homes and commercial establishments in Kanpur and Kannauj. According to sources, the DGGI team took him to the CGST office. Sarvodaya Nagar And later in the night he was shifted to Kakadev police station.
According to police sources, accused Piyush Jain was kept in the women’s helpline room located in the Kakadev police station premises. “Piyush kept awake throughout the night. However, in the morning he had breakfast,” the sources added.
The DGGI team took him to Lala Lajpat Rai Hospital in the morning for medical examination and later after a short visit. Ursala Hospital, he was brought back Sarvodaya Nagar Office of CGST. He was later produced in the court amidst heavy security. Media persons tried to interview Piyush Jain, but he did not speak to anyone.
To recall, a joint team of Directorate General of Income Tax and GST Intelligence last week raided the residence of Piyush Jain in Anandpuri, Kanpur. The raid lasted for more than 120 hours. He was in Delhi at that time for his father’s treatment. He was asked to reach the raid site and was arrested after 50 hours of interrogation.
During the raids, cash and gold and silver worth about Rs 284 crore have been recovered. Documents of 16 expensive properties were also found during the raid. Four of these properties are in Kanpur, seven in Kannauj, two in Mumbai and one in Delhi. Two properties have been traced in Dubai.
Central agencies found 18 lockers in a basement of Piyush Jain’s ancestral house in a hidden area of Kannauj. They also found a bunch of around 500 keys, which they used to open the locker.
Piyush Jain used to run his business in ‘Attar Wali’ street of Kanpur, which is known for its perfume business. They have offices in Kannauj, Kanpur and Mumbai. During the Kanpur raid, the Income Tax Department also found about 40 shell companies through which Jain used to do his business.
Earlier, acting on specific inputs, the Ahmedabad unit of GST Intelligence on Thursday launched a search operation at the factory premises of Trimurti Fragrance Pvt Ltd in Kanpur and office and godowns of Ganpati Road Carriers.
While Trimurti Fragrances Private Limited is the manufacturer of tobacco products for the Shikhar brand, Ganpati Road Carrier is involved in the transportation of goods.
Officials said the transporter would generate several fake challans in the name of non-existent firms to avoid generation of e-way bills.
More than 200 fake challans used for transportation of goods without paying GST were also recovered from the premises of Ganpati Road Carriers after the searches. Cash worth Rs 1.01 crore has reportedly been seized from the possession of the transporter.
The residential premises of businessman Piyush Jain in Anandpuri area of Kanpur were also searched. Jain, who is a partner in Odochem Industries in Kannauj, Uttar Pradesh, supplies perfumery compound mostly in cash.
During the search of the residential premises of Piyush Jain, huge amount of cash wrapped in paper was recovered. Officials had said that the money was linked to goods transporter sending goods without fake invoices and without e-way bill.
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