GST Officers File Complaint Against Kanpur Perfume Maker in Unaccounted Cash Recovery Case

 









The Directorate General of GST Intelligence (DGGI) has filed a complaint against perfumer Piyush Jain before the court of special chief judicial magistrate (Economic offences)/Additional chief metropolitan magistrate-III, Kanpur Nagar, to prosecute the accused.

The complaint was filed on Tuesday under section 132 (1) (a) read with section 132(I) (i) and section 132 (5) of the Central Goods and Services Tax Act 2017, section 132(1) (a) read with section 132(I) (i) and 132 (5) of the Uttar Pradesh GST Act, 2017 further read with section 20 of the GST Act, 2017.

The court in its order observed that a charge sheet/complaint had been filed by the DGGI Ahmedabad zonal unit Sarvodaya Nagar Kanpur Nagar. As there are sufficient grounds to take cognizance of the matter under section 190 Cr P C/section 134 GST Act, 2017 and other papers, the court therefore orders to register a case against Piyush Jain.

The accused was present through video conferencing. The court, after rejecting his warrant under section 167 CrPc, served a warrant under section 309 Cr PC. The court while listing the case for hearing on March 8, has summoned the accused

According to special prosecutor of CGST, Ambrish Tandon, a 334 pages complaint/charge sheet was filed by the prosecution.

Additional director general Ahmedabad Vivek Prasad had given sanction to file a complaint against Piyush Jain regarding a matter related to unaccounted cash recovery of Rs 196.57 crore.

The department had made as many as 16 witnesses, including the branch managers of Kanpur and Kannauj banks, who had counted the money. Piyush Jain’s statements were recorded on January 6,7 and 8 and February 5 at jail. The copies of the complaint had been given to the accused Piyush Jain.

Piyush Jain was arrested by the department on December 26, 2021, and was produced before the court on December 27, 2021.


Download our App to get knowledge updates: https://play.google.com/store/apps/details?id=com.app.gstmitra


Join Our Telegram Channel for more updates:https://t.me/praveengst































































Comments

Post a Comment

Popular posts from this blog

Centre appeals against ruling on levy of GST on maintenance charges to resident welfare associations

Image
  The Centre has preferred a writ appeal before the Madras High Court against a single judge's order that flat or villa owners paying more than ₹7,500 a month towards maintenance charges to their residents’ welfare associations must pay Goods and Services Tax (GST) at the rate of 18% only for the amount exceeding ₹7,500 and not for the entire monthly contribution. Justices T.S. Sivagnanam and Sathi Kumar Sukumara Kurup on Wednesday allowed an application filed by the Centre to dispense with production of a certified copy of the judgment passed by Justice Anita Sumanth recently and directed the Registry to list the appeal for admission in the usual course. Justice Sumanth had in July this year quashed an order passed by the Authority for Advance Ruling (AAR) on June 21, 2019 as well as a consequent circular issued by the Department of Revenue under the Union Finance Ministry on July 22, 2019 since both of them had insisted upon collecting GST for entire monthly contribution. The jud...
Read more

Seven key things to know before filing income tax return (ITR) for FY21

Image
  The last date to file income tax return for the financial year 2020-21 has been extended to September 30, 2021. Although there is more than two months left for the deadline to end, it is always recommended to complete the task as soon as possible and not to wait for the last minute. Worth mentioning here is that the income tax department last month launched a new e-filing portal (www.incometax.gov.in) to speed up the processing of tax returns. The I-T department will soon launch a mobile application, having all the features of the new portal. This year taxpayers have to take care of the following changes in the ITR filing process. 1) A new utility named JSON has been launched for filing tax return forms for FY21. At present, only three forms, ITR 1, 2 and 4 have been released. These new forms will import pre-fill data such as personal details, salary income, dividend income, interest income, capital gains and all the information available in Form 26AS. 2) Taxpayers will have the ...
Read more

Income Tax Dept detects ₹350 cr unaccounted cash receipts after raid in Rajkot

Image
  The Income Tax Department carried out a search and seizure operation on a real estate group based in Gujarat's Rajkot and found unaccounted cash receipts in various projects of approximately ₹350 crore, the Finance Ministry said on Friday. The group is among Gujarat’s prominent real estate builders and developers and is actively engaged in real estate, construction and land trading businesses in and around Rajkot. More than 40 premises were covered in the search operation. During the course of operation, many incriminating documents and digital evidences were seized indicating involvement of the group in unaccounted transactions. The IT sleuths found substantial evidence of transactions outside the regular books of accounts, unaccounted cash expenses, cash advances received and interest paid in cash. Evidence of on-money payments in real estate projects-flats, shops and land deals has also been found. Total unaccounted cash receipts in various projects of approximately ₹350 crore...
Read more