Indore: The Directorate General of GST Intelligence (DGGI) has arrested Indore's industrialist Kishore Wadhwani from Mumbai in tax evasion of Rs 225 crore. Wadhwani was arrested by DRI Mumbai in connection with Pan-Masala and Gutkhe's tax evasion of Rs 225 crore, after which the Bhopal team arrested him in Mumbai. He was arrested from a five-star hotel in Mumbai.
According to DIG Harinarayanachari Mishra, information has been received from the Central Department that an accused is being brought to Indore from Mumbai. He will be produced in court on Tuesday morning. However, the DIG has not confirmed the name of the accused. It is also being told that the department has taken Wadhwani on five days remand. The department had summoned him twice after receiving information about Wadhwani from accused Vijay Nair, arrested in the tax evasion case.
He has a company called AAA Enterprises which is operated by Vijay Nair. Another company Vishnu Essence is run by Ashok Daga and Amit Bothra. Both produce pan-spices and gutkha and give it to Nair. It is sold in raw by Nair to Maharashtra, Gujarat, Odisha and other neighboring states along with Madhya Pradesh. Out of a hundred rupees, only 20 rupees are traded in number one, the remaining 80% of the business is done by tax evasion.